COMPANY PROFILE

The National Payment and Innovation Company of Trinidad and Tobago (NPICTT) is the state agency responsible for advancing digital payment solutions and innovation within the Financial Services Sector. Operating under the Ministry of Finance, NPICTT plays a pivotal role in the government’s technical transformation initiatives, acting as a key strategic partner for all stakeholders as Trinidad and Tobago moves towards a FinTech-enabled digital economy. 

VISION

To power Trinidad and Tobago’s transition into a secure, inclusive, and globally connected digital economy, through a trusted, real-time financial infrastructure that enables innovation, competitiveness, and national prosperity.

MISSION

To design, build, and govern secure, interoperable, and real-time digital payment infrastructure; to set national standards and foster strategic partnerships that advance innovation and inclusion; and to enhance the resilience, efficiency, and integrity of Trinidad and Tobago’s payments ecosystem.

STRATEGIC PILLARS

The NPICTT is committed to directly supporting the Ministry of Finance and relevant stakeholders in executing key initiatives to advance the FinTech agenda:

• Delivering a cohesive National Financial Inclusion Strategy and Action Plan to boost participation within the formal economy by promoting access to financial services for all citizens.

• Accelerating Digital Payments: Establishing a secure and integrated Centralised Management Payment Platform (CMPP) to streamline revenue collection in the public sector through various electronic funds transfer (EFT) methods, reducing cash reliance and improving service efficiency and budgeting accuracy.

• Facilitating Investment Opportunities for FinTech: Establishing a FinTech innovation and accelerator hub for the Caribbean to attract international financial technology firms and foster the development of local capabilities aimed at enhancing export potential. This initiative will serve as a platform for both FinTech start-ups and established companies to grow, significantly increasing the number of successful entrepreneurs transitioning from start-up to export-ready status.

These initiatives are critical components of the government’s transformational agenda, aligning seamlessly with the broader vision for a modern, efficient, and inclusive economy.