Tag: system
More Than 50 Countries Could Accept BRICS Payment System
The BRICS alliance is planning to create an independent payment system to settle cross-border transactions among member nations. The new payment system will not...
What Countries Will Ditch the US Dollar for Alliance Payment System?
With the economic alliance currently developing its BRICS Bridge, there remains the question of what countries could ditch the US dollar in favor of...
159 Countries Set to Adopt BRICS New Payment System
Amid the alliance’s continued efforts to create a SWIFT alternative, the economic alliance has sought to create its very own BRICS payment system. It...
Prospects for BRICS New Currency and New Payment System
Amid focused debates and high optimism to establish an economic clout, BRICS (Brazil, Russia, India, China and South Africa) together with new members and...
BRICS Officially Announces Financial System Similar to SWIFT
The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new...