PaySett has implemented a real time payment network using PayExpedite for Nicaragua, which connects the major banks within the country, including the central bank.

The network will enable the banks in the country to offer real time payment transfers to their consumer and corporate customers as well as government agencies.

PaySett claims that payment transactions can be initiated and completed within seconds using its real time payment product PayExpedite.

"This allows for an improved flow of commerce as well as insuring secure and irrevocable payment transactions," the company added.

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