# Trinidad and Tobago — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/TT
> extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **WiPay Scan2Pay** QR solution
- **PayWise** QR + LINX integration
- **86% MSMEs** don't accept digital
- **RTGS safe-tt** large value system
- **Cashless push** 2024/25 budget

## Banking landscape

### Central Bank
- **Name:** Central Bank of Trinidad and Tobago (CBTT)
- **Website:** https://www.central-bank.org.tt/
- **Role:** Monetary policy, payment oversight

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Republic Bank | Local | RepublicOnline |
| 2 | First Citizens | State | FC Mobile |
| 3 | RBC Royal Bank | International | RBC App |
| 4 | Scotiabank TT | International | Scotia Mobile |
| 5 | JMMB Bank | Regional | JMMB App |

### Market Structure
- **WiPay:** Leading QR provider
- **PayWise:** E-money issuer
- **LINX:** Card network
- **86% MSMEs:** No digital acceptance

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| RTGS safe-tt | CBTT | Large value | $500K+ |
| Transach (ACH) | Banks | Clearing | Active |
| LINX | Banks | Card network | Active |
| E-money | Various | Mobile | Growing |

### RTGS System (safe-tt)
- Central Bank operated
- Large value ($500,000+)
- Time critical payments
- Real-time settlement

### E-Money Issuers
- PayWise
- Pesh Money
- ePay
- Growing sector

---

## QR code standards

### WiPay Scan2Pay

| Attribute | Value |
|-----------|-------|
| **Provider** | WiPay Caribbean |
| **Feature** | Contactless QR |
| **Method** | Scan and pay |
| **Cards** | Debit/Credit |

### Scan2Pay Features
- Customer scans QR code
- Enter amount on mobile
- Pay with debit/credit card
- Contactless transaction
- Point of sale solution

### PayWise QR

| Attribute | Value |
|-----------|-------|
| **Provider** | PayWise |
| **Feature** | QR + LINX |
| **Options** | QR, ePOS, machine |
| **Integration** | Multi-channel |

### JMMB QR

| Attribute | Value |
|-----------|-------|
| **Provider** | JMMB |
| **Feature** | Scan-to-Pay |
| **Device** | Smartphone/tablet |
| **Access** | Data required |

---

## Mobile payment apps

| App | Provider | QR | Features |
|-----|----------|-------|----------|
| WiPay | WiPay | Yes | Scan2Pay |
| PayWise | PayWise | Yes | Multi-channel |
| JMMB | JMMB | Yes | Scan-to-Pay |
| Bank Apps | Various | Limited | Banking |

### Adoption Challenges
- 86% MSMEs no digital payments
- 77% MSMEs no business account
- 70% no digital payment methods
- 56% find mobile apps challenging

### Government Push (2024/25)
- Cashless society goal
- Minister Imbert's budget speech
- Fraud/theft minimization
- Unbanked access
- Benefit acknowledgement

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [WiPay Scan2Pay](https://docs.barcoder.ai/docs/payments/TT/wipay-scan2pay) | QR Code | Card | Active | [`wipay-scan2pay`](https://docs.barcoder.ai/docs/standards/wipay-scan2pay) |
| [PayWise QR](https://docs.barcoder.ai/docs/payments/TT/paywise-qr) | Multi-channel | Various | Active | [`paywise-qr`](https://docs.barcoder.ai/docs/standards/paywise-qr) |
| [RTGS safe-tt](https://docs.barcoder.ai/docs/payments/TT/rtgs-safe-tt) | Settlement | CBTT | $500K+ | — |

## Sources

- [CBTT - Payments System](https://www.central-bank.org.tt/wp-content/uploads/2024/08/The-Payments-System-In-Trinidad-Tobago.pdf)
- [WiPay - Scan2Pay](https://wipaycaribbean.com/products/epos-copy2)
- [PayWise Official](https://paywise.co/)
- [Trinidad Newsday - Cashless Society](https://newsday.co.tt/2024/10/10/cashless-society-trinidad-and-tobago-finance-centre-maps-ways-to-digital-payments/)
- [JMMB - Merchant Services](https://www.jmmb.com/merchant-services)
- [TTIFC - Digital Payments](https://www.ttifc.co.tt/web/cashless-society-trinidad-and-tobago-finance-centre-maps-ways-to-digital-payments/)

## Full country report

[TT-trinidad-and-tobago.md](https://docs.barcoder.ai/docs/payments/TT)