Belize

7.2 - Electronic payment

Articles 7.2
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Indicative date of implementation 22 February 2020
Definitive date of implementation 31 December 2026
Deadline for extension request, if required 2 September 2026
Extension of implementation dates
Request received
6 September 2026
Original definitive date
31 December 2026
New date requested
30 June 2028
Agreed date
Reason
The Government of Belize, through the Central Bank of Belize, is developing a fully digitized instant payments system to modernize the current environment where payments are accepted primarily through bank deposits. The new system will provide faster payments and expanded options, including QR code payments, alias identifiers, and request-to-pay functions. Government collections will also be integrated into this platform, consistent with the Belize’s planned modernization of its systems. The project officially commenced in April 2026 following the contracting of the implementing firm, with a planned go-live in Q1 2028. Given the scale of development, testing, and integration across government agencies, Belize requests an extension until 30 June 2028 to ensure the electronic payments system is fully operational and aligned with the rollout of the Electronic Single Window for Trade.
Committee approval:
Pending
Link to notification

Request received
22 August 2019
Original definitive date
22 February 2020
New date requested
31 December 2026
Agreed date
31 December 2026
Reason
Committee approval:
Approved
Link to notification
Shift Shift from Cat. B to Cat. C notification.
Assistance required for implementation The Customs and Excise Department allows electronic payments; it is currently engaged in an effort to include other agencies which require additional assistance and support from donors in implementing.

Requires the following additional assistance and support not earlier anticipated:
1. Assistance and financial support for the development of a wide-area network for BAHA.
2. Assistance for the development of a legal framework that is supportive of electronic payments.

Tags: Information and communication technologies (ICT), Legislative and regulatory framework

Donor / Agency

Caribbean Development Bank

Progress reported
10 March 2023 — G/TFA/N/BLZ/4  
Currently the Belize Customs and Excise Department utilizes an electronic payment system through the AYSCUDA World System purchased from UNCTAD with donor support from CDB. However, the Supplies Control Unit and other Border Agencies do not have in place such system. Belize would appreciate any assistance that would allow the accommodation of electronic payment through the ASYCUDA World system or another system for these agencies.

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