How America Secretly Controls Jamaica Banking System
Автор: Islandbrains
Загружено: 2025-09-05
Просмотров: 635
Jamaica’s banking system depends heavily on Visa and MasterCard, which control the digital payment networks that make card transactions possible. While local banks handle deposits and loans under the regulation of the Bank of Jamaica, every swipe, tap, or online purchase relies on foreign-owned infrastructure. This means Jamaica pays fees, follows global rules, and faces limits set abroad. Larger countries like China, India, Brazil, and Russia built their own systems to reduce dependence, and even Europe is working on one. But Jamaica’s small size makes a domestic alternative too costly, leaving its financial system structurally tied to Visa and MasterCard.
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