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PATH goes for mobile money

NATIONAL Commercial Bank (NCB) Jamaica limited, which has been chosen to undertake the pilot project to provide electronic mobile payments of benefits under the Programme of Advancement Through Health and Education (PATH) with the bank’s mobile money platform, NCB Quisk, will roll out its pilot programme next month.

“The use of NCB Quisk will remove the overhead that the Government would have had to pay to prepare and disburse cheques,” a news release from Quisk quotes NCB’s product development officer, mobile payments, Stephen Scale.

NCB is happy to share Quisk via Visa model

HALSALL... this is similar to the model with credit cards such as Visa and Mastercard (karl mclarty)

The National Commercial Bank (NCB) indicated yesterday that the use of the Quisk mobile money platform by other companies will not impact its plans to sell the product as digital money available through its network.

Implemented in 2010 in Jamaica by Advanced Integrated Systems (AIS) – Quisk — to date, is at various stages of development by at least four other companies, AIS disclosed in mid-November.

Advanced Integrated Systems Mobile Money Platform Ready

Information technology company Advanced Integrated Systems (AIS) says its mobile money platform should go live in the next three months.

National Commercial Bank Jamaica is expected to be the first to roll out products and services through the platform, says Doug Halsall, chairman and CEO of AIS, but adds that they have three other financial service providers lined up as clients.