Publication: Driving Digital Transformation and Inclusion: Fast Payments in Latin America and the Caribbean
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2025-11-01
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2025-10-31
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Fast payments are transforming digital finance ecosystems in Latin America and the Caribbean (LAC) by improving the speed, affordability, and user experience of digital payments. This report provides one of the first regionally-focused, cross-country analyses of fast payments data, leveraging a unique dataset derived from a survey of 11 central banks in LAC countries with operational fast payment systems: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Mexico, Paraguay, and Peru. The report analyzes transactional data and information on the FPS design characteristics and governance models. Based on this analysis and the World Bank’s regional and country- level engagements with policy makers and FPS operators, the report also offers several key policy messages.
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“World Bank. 2025. Driving Digital Transformation and Inclusion: Fast Payments in Latin America and the Caribbean. © World Bank. http://hdl.handle.net/10986/43929 License: CC BY-NC 3.0 IGO.”
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