Browsing Tag
BRICS Payment System
16 posts
BRICS Payment System Supports Transactions Across 185 Countries
BRICS member China’s new payment system, named Cross-Border Interbank Payments System (CIPS), is taking the financial world by…
South America Ready To Accept the BRICS Payment System
Latin American countries, commonly known as South America, would be ready to accept the BRICS cross-border payment initiative,…
BRICS Inspires 15 Countries To Use Homegrown Payment System
Africa is taking a bold economic U-turn by following the footsteps of BRICS and challenging the US dollar…
BRICS Makes Huge Announcement On New Payment System
The BRICS alliance is looking to undo the dominancy of the US dollar by launching a new payment…
BRICS Gives Huge Update: Non-Members Can Settle Trade In New Payment System
Russian Foreign Minister Sergey Lavrov announced that Brazil, which chairs the next summit in July, has proposed to…
BRICS Considers New Financial Options For Trade Settlements
Russian Finance Minister Anton Siluanov confirmed that the BRICS alliance is considering various financial innovations for payment settlements.…
BRICS Confirms Development of New Payment Systems in 2025
Brazil, which chairs the upcoming BRICS summit in 2025 confirmed that they plan on the formation of new…
No Turning Back On Launching BRICS Payment System: Diplomat
BRICS Sherpa Sergey Ryabkov confirmed to reporters that the bloc will not scrap the formation of a new…
JP Morgan Says BRICS Payment System Can Weaken US Dollar
Leading investment bank JP Morgan has warned that the new BRICS payment system could weaken the US dollar’s…
BRICS Give Update on Payment System: Target US Dollar in 2025
Following the highly anticipated BRICS 2024 Summit, the economic alliance has given an update on its development payment…
