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Members
Brazil Russia India China
South Africa Egypt Iran Indonesia
Ethiopia UAE Saudi Arabia
Partners
Belarus Bolivia Cuba Kazakhstan
Malaysia Thailand Uganda
Uzbekistan
BRICS Pay
is designed to become an effective alternative and complement to existing centralized payment technologies and services.
To achieve the UN Sustainable Development Goals, particularly the first two — No Poverty and Zero Hunger — the establishment of a fair financial system is crucial. The technologies and principles of BRICS Pay are designed to support these objectives.
Sovereignty in financial empowers a nation to independently manage its financial resources and relationships, both domestically and internationally. It entails the freedom to make financial decisions and take financial actions without external influence or coercion from other countries or supranational entities.
Achieving financial independence is paramount for nations seeking political, energy, food, technological, and other forms of sovereignty. This pursuit is a shared goal among nations striving for independent policies and the well-being of their citizens.
BRICS Pay aims to collaborate with international and national payment systems, creating gateways and bridges to improve financial connectivity across borders. BRICS Pay also collaborate with local fintech companies to expand the payment infrastructure.
Our goal is to facilitate seamless transactions and strengthen cooperation among BRICS+ countries, ensuring that our payment solutions meet the modern needs of our partners and provide high security standards.
The global financial system, rooted in the Bretton Woods and Jamaica agreements, is undergoing significant transformation. The Bank for International Settlements (BIS) highlights the risks of fragmentation within the global monetary system, as unprecedented levels of global debt and unbacked money supply continue to rise.
At BRICS Pay, we are committed to ensuring equal access to financial services and technologies for all countries and individuals, empowering everyone to unlock their potential.
Our mission is to connect diverse nations and people by providing seamless, fast, secure and affordable payment solutions worldwide.
To realize the BRICS Pay project, technological, financial, legal, and consulting firms are uniting to form the BRICS Pay Consortium, operating under the principles of a decentralized autonomous organization (DAO).
The Consortium adheres to the regulations of each country where its members operate. It is a network-based entity without a central headquarters. The Consortium's membership is not publicly disclosed
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