NASSAU, BAHAMAS — Five months after the Central Bank of The Bahamas officially launched the Sand Dollar, local authorized financial institution (AFI) Kanoo has become the first financial institution in the world to have it completely integrated into its system, allowing for interoperability. Company officials believe...
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A Bahamian digital payments provider yesterday said it expects its near-20,000 client base to “increase exponentially” after enabling them to transact in Sand Dollars without any restrictions. Keith Davies, Kanoo’s chief executive, told Tribune Business it had beaten the Central Bank’s “interoperability” deadline for the Bahamian...
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The Bahamas reported its first COVID-19 case in March 2020. The virus’s rapid spread has resulted in businesses closing, people jobless, homeless, and without food. And, nearly a year later, the need for assistance remains at unprecedented levels. Soon after the pandemic hit, non-profit organizations like...
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Doing business in The Bahamas can be extremely challenging, as many of the systems in place are still paper-based. While the rest of the world has seen a drastic digital revolution where money transactions are done via online platforms and apps, The Bahamas is now...
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Searching for a perfect gift can be considered a painful experience for some. From battling horrendous traffic, to sometimes, empty shelves for a gift you’re not sure about, can be draining. But no worries, Kanoo is your “one-stop-shop” for your gifting needs! Our digital gift card...
Read MoreThe government yesterday signed a three-year contract with Kanoo Pays to implement an e-payment system within the family courts. Chief Justice Brian Moree said the government would pay $25,000 annually for two of the three years. “This new software will provide an electronic platform for making and...
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