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The Barbados Bankers Association has reacted to the Central Bank’s declaration that BimPay is not responsible for ongoing payroll issues.
According to the Association, most of the early issues experienced following the June 12 launch of BimPay, the new national payment platform, have been resolved.
The Central Bank said that, in the cases brought to its attention, the delays relate to account information submitted in a format that does not meet the validation requirements for processing through BimPay.
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