The Central Bank of Trinidad and Tobago has registered Convenience Pay Technologies Limited as a payment service provider and granted it a six month provisional registration to issue electronic money in Trinidad and Tobago. The authorisation allows the firm to operate as an e money issuer for a limited initial period. During the provisional period, Convenience Pay may onboard new customers in a controlled environment monitored by the Central Bank. Convenience Pay is a subsidiary of United Independent Petroleum Marketing Company Limited and plans to offer a digital wallet that supports transfers from bank accounts to the wallet, peer to peer transactions, and peer to business payments.
Central Bank of Trinidad & Tobago2026-06-05
Central Bank of Trinidad and Tobago grants Convenience Pay Technologies six month provisional registration to issue e money
The Central Bank of Trinidad and Tobago has registered Convenience Pay Technologies Limited as a payment service provider and granted it a six‑month provisional registration to issue electronic money. During this period, the subsidiary of United Independent Petroleum Marketing Company Limited may onboard customers under central bank monitoring and offer a digital wallet supporting bank‑to‑wallet transfers, peer‑to‑peer transactions and peer‑to‑business payments.