The National Insurance and Social Security Service (NISSS) will be incorporated into BiMPay in its second phase, allowing pensioners and other contributors quicker access to their funds.

Moments before BiMPay, Barbados’ new national instant payment system, went live on Friday, Governor of the Central Bank Dr Kevin Greenidge outlined that it would be expanded in the coming months to ensure that all government agencies were integrated into the network.

Speaking to the media following a church service marking the 59th anniversary of the NISSS at the St Matthias Anglican Church on Sunday, Chief Executive Officer of the NISSS Kim Tudor indicated that the service fell into the second phase and work was already underway for the incorporation.