Tourism Minister To Meet With MasterCard

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Minister of Tourism and International Transport, Kerrie Symmonds, will hold talks tomorrow, Wednesday, March 27, with representatives of MasterCard, a global credit card corporation.

They will discuss implementing a pilot project, which seeks to empower roving tourism vendors to collect revenue from sales while on the go.

According to a ministry official, under the project, facilities will be put in place for itinerant vendors to purchase or lease state-of-art wireless vendor machines, which can be used in business transactions from almost any location.

Most visitors to the island prefer to use bank cards as opposed to cash, but numerous vendors still operate largely on a cash-only basis.

“It is considered that such business opportunities would not be lost if they had the platform to receive payment for products and services via this technology, which would see funds being directed straight into their bank accounts,” the official explained.

Similar projects have successfully been implemented in The Bahamas and Jamaica.

Minister Symmonds will address the media prior to his meeting with MasterCard representatives.  The press briefing will take place tomorrow, Wednesday, March 27, at 9:15 a.m. in the Marigold Room at the Lloyd Erskine Sandiford Centre, Two Mile Hill, St. Michael.

shamkoe.pile@barbados.gov.bb

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