The paper explores the impact of Costa Rica’s SINPE Móvil, a retail fast payment system launched in 2015, on the country’s financial landscape. While the paper primarily focuses on the banking sector, it emphasizes the potential for fast payment systems like SINPE Móvil to transform other sectors, including public transport. The integration of digital payment platforms into public transit could further streamline operations, enhance user convenience, and reduce reliance on cash-based systems.
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