Part of a series on financial services |
Banking |
---|
BRICS PAY or BRICS Pay is a distributed payment messaging mechanism system by BRICS member states. It is similar to Europe's SWIFT and India's Unified Payments Interface. [1] The project is a joint venture between states to receive and make payments in own local currency. [2] [3] [4] [5]
Part of a series on financial services |
Banking |
---|
BRICS PAY or BRICS Pay is a distributed payment messaging mechanism system by BRICS member states. It is similar to Europe's SWIFT and India's Unified Payments Interface. [1] The project is a joint venture between states to receive and make payments in own local currency. [2] [3] [4] [5]