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Dominican Republic to launch instant payment platform in 2027
The Central Bank of the Dominican Republic will launch a new instant payment platform in 2027. According to Governor Héctor Valdez Albizu, the system will operate 24/7, 365 days a year, with fund accreditation occurring within seconds.
The initiative aims to revolutionize electronic transfers, promote payment digitalization, and increase financial inclusion for small and medium-sized enterprises, traditional clients, and the general public. The platform will involve regulated financial intermediation entities.
In the first half of 2026, the existing Real-Time Gross Settlement (LBTR) system processed 23.6 million transactions, mobilizing over 2.3 trillion pesos. Valdez Albizu also noted the resilience of the Dominican financial sector, reporting that as of September, financial sector assets reached 4.6 trillion pesos, representing a 10.7% year-on-year growth.
Entities
Central Bank of the Dominican Republic · Dominican Republic · Héctor Valdez Albizu
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Financial sector equity grew by 14.4% as of September. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] LBTR transactions reached 23.6 million in the first half of 2026. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] LBTR transactions mobilized over 2.3 trillion pesos in the first half of 2026. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] Funds will be credited within seconds via the new platform. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] Financial sector assets in the Dominican Republic rose to 4.6 trillion pesos as of September. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] The Dominican Republic will launch an instant payment platform in 2027. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] Financial sector assets grew by 10.7% year-on-year as of September. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com
- [● 3 SOURCES] The new platform will operate 24/7, 365 days a year. dominicanaaldia.com · elinformante.com.do · www.diariolibre.com