As the old Western guard appears to fade and the birth pains of a new world grow louder with ever-increasing force in the form of BRICS, the status quo seems to be clinging to the belief that the ...
BRICS Pay is a payment system initiative developed by the BRICS nations (Brazil, Russia, India, China and South Africa) to facilitate cross-border transactions among these countries. Its primary ...
BRICS Pay is probably the first system with the potential to genuinely compete with SWIFT since its founding and could facilitate faster, cheaper cross-border payments, says Harry Scherzer. For more ...