Paraguay instant payments system wins OAS public innovation award
Paraguay’s central bank says its instant payments system won the digital public infrastructure category of an OAS public-management innovation award. The 2026 competition assessed 225 initiatives from 15 countries.
Event / data period: 2026-10-02
Published: · Updated:
Paraguay’s Central Bank (BCP) announced on October 2 that its instant payments system, SIP, had won the top award in its category at the Organization of American States’ Inter-American Award for Innovation in Effective Public Management. According to the bank, the 2026 jury assessed 225 initiatives overall and 36 entries in the digital public infrastructure category; 22 initiatives across four categories became finalists.
The BCP-operated system supports interoperable payments and transfers at any time between banks, finance companies, cooperatives and fintech firms. The bank lists aliases, QR codes and payment initiation among its features and says transfers are free for the public. The announcement does not detail the award’s scoring criteria or provide a measure of the system’s actual transaction volume.
Data
Digital public infrastructure innovation award
The BCP describes SIP and the selection figures for the OAS award’s 2026 edition.
- Initiatives assessed for the award
- 225 count
- 2026 · Observed
- Countries represented
- 15 count
- 2026 · Observed
- Entries in digital public infrastructure category
- 36 count
- 2026 · Observed
- Finalist initiatives across four categories
- 22 count
- 2026 · Observed
Methodology
Counts are from the BCP’s October 2, 2026 announcement. They describe the OAS award selection process, not payment transactions.
Updated:
Subjects and places
Subject proposals
- Science and technologySuggested
- Subject suggested from the title or summary: digitalwww.bcp.gov.py ↗
Geographic references
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- Paraguay · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.bcp.gov.py ↗