Above: Simon Fortuné demonstrates the app. Photo courtesy Simone Sant-Ghuran/Pesh Money.

Pesh Money introduced its inaugural service, the Pesh Money mobile app on November 21, 2023 at One Fintech Ave, at the International Waterfront Centre, Port of Spain.

Founded in 2017 by Simon Fortuné, Pesh Money Limited is a ﬁntech company committed to making payments between friends and family convenient, fast and seamless. Designed from the ground up, speciﬁcally for Trinidad and Tobago, Pesh’s user-friendly app caters to anyone aged 18 and older, with a Trinidad and Tobago bank account and an iOS or Android phone.

On September 1, 2023, Pesh Money Limited achieved full E-Money Issuer registration with the Central Bank of Trinidad and Tobago, marking a signiﬁcant milestone, after a successful six-month provisional registration period and preceded by over two years of regulatory review.

Pesh’s mobile app adheres to the E-Money Issuer Order (2020) and is speciﬁcally tailored for mid-value transactions, covering payments of up to $1,000 and a wallet size of up to $20,000. Additionally, per the regulation, the service only supports TT dollars and does not support international wires or transactions.

The Pesh Money mobile app is operational and now available for download on both iOS and Android, providing accessibility and convenience to a wide range of users.

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Roundup: for the week ending 26 November 2023 | ICT Pulse – The leading technology blog in the Caribbean

2 years ago

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