IN THE KNOW: Visa and TTIFC Double Down on Digital Payments in Trinidad and Tobago

Visa and the Trinidad and Tobago International Financial Centre (TTIFC) have renewed their strategic partnership, and this is more than just a corporate announcement – it’s a game-changer for entrepreneurs, small businesses and the digital economy in Trinidad and Tobago.

At the heart of the collaboration is a shared mission: to make digital payments more accessible, secure and widespread. Whether you’re a solo entrepreneur with an online shop, a vendor running sales through your phone or a growing SME looking to scale, this partnership is designed with you in mind. The renewed agreement aims to boost financial inclusion by expanding digital payment acceptance across the country – especially among micro, small and medium enterprises (MSMEs).

One of the biggest wins for small business owners is access to Visa’s Cybersource platform. This is not just any payment system, it’s a global leader in digital transactions and fraud prevention. What this means for local businesses is simple: better technology, greater security and more ways to get paid, online and in-person. Features like tokenization, 3D Secure 2.0 and Decision Manager – tools that big international companies use – are now being introduced locally to help simplify payments and build consumer trust.

Visa’s Country Manager for Trinidad and Tobago, Jorge Salum, highlighted the importance of this initiative, saying, “By combining our global payments expertise with TTIFC’s proven leadership in driving a cashless economy, we’ll foster a more agile and inclusive digital ecosystem, one that enhances convenience, security and greatest access to the future of commerce.”

This is also a win for the FinTech space. The collaboration supports the continued development of One FinTech Avenue, the first innovation centre of its kind in the region. Visa’s involvement in helping local fintechs like AnglPay and food drop platforms scale means more homegrown tech solutions tailored to Caribbean needs. More tools. More innovation. More opportunities.

TTIFC’s CEO, John Outridge, made it clear that this renewed collaboration is all about empowering more citizens to engage in the digital economy. The digitalisation of government payments is also on the horizon, which signals a broader shift toward more efficient, secure public services.

For entrepreneurs in Trinidad and Tobago, this is more than just progress- it’s a sign that global players are betting on local potential. It means fewer barriers, better payment options and a future where your business, no matter the size, can thrive in a digitally connected world.

Now you’re in the know.

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