Standards/wipay-scan2pay
WiPay Scan2Pay
Overview
WiPay Scan2Pay is the Caribbean's regional QR-code payment solution, operated by WiPay Caribbean — a Mastercard Partner company + the Caribbean's only payment facilitator on Mastercard and Visa Card Networks 1, 2, [caribbean-cro]. Scan2Pay enables merchants to accept contactless payments at point of sale by printing + displaying a unique business QR code at point of sale — customers scan the QR code with their mobile device, enter the amount to be paid, and proceed to pay with a debit card or credit card on their mobile device. WiPay operates in Jamaica, Trinidad & Tobago, Barbados, and Guyana with direct settlement to local bank accounts in territory's currency.
The structural distinction: Scan2Pay is free to use + does not require the business to own or lease any card-payment hardware, require charging, paper rolls, or even a data connection — exceptional design for SME-merchant adoption in markets where physical POS-terminal cost is prohibitive. Card-not-handed-over model (customer scans QR + pays entirely on their own phone using secure payment environment) provides enhanced security + reduces fraud risk. WiPay's regional Caribbean coverage (Jamaica + Trinidad & Tobago + Barbados + Guyana) + Mastercard + Visa card-network connectivity + direct local-currency settlement make it Caribbean's largest regional payment-facilitator infrastructure — complementing per-country bank wallets (PayWise QR TT, mMoney BB, MMG GY, etc.) + central-bank-driven payment-modernisation efforts.
History
Background — Caribbean payment landscape:
- Multi-country Caribbean region.
- Various central banks: BoJ Jamaica, CBTT Trinidad and Tobago, CBB Barbados, BoG Guyana.
- Major Caribbean fintechs: WiPay Caribbean, PayWise (TT), CaribPay.
- Card-payment-dominant landscape, traditional POS-terminal cost barriers.
WiPay Caribbean founding 1:
- Caribbean payment facilitator.
Mastercard Partner + Visa + Mastercard Card Network facilitator 2:
- Caribbean's only such payment facilitator.
Scan2Pay product launch 2:
- QR-code contactless payment solution.
Multi-country deployment: Jamaica, Trinidad & Tobago, Barbados, Guyana 2.
Direct local-currency settlement 1:
- Per-territory bank-account integration.
Free-to-use + no-hardware-required model 2:
- SME-merchant adoption-friendly.
Technical specification
WiPay Scan2Pay is WiPay Caribbean-operated regional Caribbean QR-code payment solution 1, 2:
| Layer | Description |
|---|---|
| Operator | WiPay Caribbean |
| Network status | Mastercard Partner + Caribbean's only payment facilitator on Mastercard + Visa Card Networks |
| Countries | Jamaica, Trinidad & Tobago, Barbados, Guyana |
| Currencies | JMD, TTD, BBD, GYD (per-territory) |
| Cost (merchants) | Free |
| Hardware | None (no POS terminal, no charging, no paper rolls, no data connection) |
| Sign-up fee | None |
| Payment flow | Customer scans QR on own phone, enters amount, pays with debit/credit card |
| Settlement | Direct to local bank account in territory's currency |
| Card-handover | None (transaction on customer's phone) |
Use cases
Merchant QR-code-based contactless payments 2: Cardinal.
SME merchants with no POS-terminal budget 1: Hardware-free design.
Cross-Caribbean payment-facilitation 2: Multi-country reach.
Mastercard + Visa card acceptance via QR 1: Card-network leverage.
Direct local-currency bank-settlement 2: Per-territory settlement.
Card-handover-free payments 2: Security benefit.
Implementations & ecosystem
Operator: WiPay Caribbean.
Card-network partners: Mastercard, Visa.
Countries: Jamaica, Trinidad & Tobago, Barbados, Guyana.
Major Caribbean competitors: CaribPay (Caribbean-wide), PayWise (TT), local bank wallets.
Fun facts
- Caribbean's only payment facilitator on Mastercard + Visa Card Networks: Regional uniqueness.
- Free-to-use + no hardware + no sign-up fee: SME-merchant-accessibility extreme.
- No data connection needed at merchant: Connectivity-agnostic.
- Card-handover-free model: Security + UX advantage.
- 4-country regional coverage (JM + TT + BB + GY): Substantial Caribbean reach.
- Mastercard Partner status: International card-network recognition.
- Direct local-currency settlement: Per-territory bank integration.
Comparison
| Feature | WiPay Scan2Pay (Caribbean) | PayWise QR (TT) | mMoney (BB) | CaribPay (Caribbean) | MMG (GY) |
|---|---|---|---|---|---|
| Operator | WiPay Caribbean (Mastercard Partner) | PayWise Limited | Bitt.com | CaribPay | MMG Inc. (GTT) |
| Type | Regional QR + Mastercard + Visa + free merchant | TT multi-channel | BB digital wallet + collateralised | Caribbean Scan & Pay | GY telco mobile money |
| Countries | Jamaica + Trinidad & Tobago + Barbados + Guyana | Trinidad and Tobago | Barbados | Caribbean-wide | Guyana |
| Merchant fee | Free | n/a | n/a | n/a | n/a |
| Hardware | None | ePOS/LINX | Smartphone | n/a | n/a |
Status
Active, regional Caribbean payment-facilitator 1, 2:
- WiPay Caribbean operator.
- Mastercard Partner + Caribbean's only Mastercard + Visa Card Networks facilitator.
- Jamaica + Trinidad & Tobago + Barbados + Guyana coverage.
- Free-to-use + no hardware + no sign-up fee SME model.
- Direct local-currency settlement.
Sources
- 1 WiPay Caribbean — official
- 2 WiPay Scan2Pay — official
- 3 Scan 2 Pay — WiPay TT
- jo Scan to pay — Jamaica Observer
- [caribbean-cro] Multi-country Caribbean reports
Deployments
Found in the following country reports (grep across reports/countries/):
Regions / aggregations not mapped to a single country
- Trinidad & Tobago