The Way Payments Are Made Will Change: Learn the Five Keys to the New System

Financial attorney Camilo Gantiva was quoted in an article by La República regarding the new interoperable payment architecture proposed by the Bank of Colombia that will revolutionize the country's economic sector. The article lists the five things to know about this topic. Mr Gantiva commented that Brazil, Mexico, Argentina, El Salvador and Bolivia have successfully implemented immediate transactional operations, becoming references for the region, while Chile and Panama are already starting to adopt these systems.

"Several countries in the region have implemented immediate payment models or are in the process of implementation, and their success has varied depending on the unique characteristics of the model adopted by each one," he said.

READ: The Way Payments Are Made Will Change: Learn the Five Keys to the New System