Gathered Wednesday at a summit in the Russian city of Kazan, the members of BRICS adopted a joint declaration calling for the creation of an independent payment system based on their national ...

BRASILIA, Oct 23 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Wednesday that it is time for the BRICS nations to create new payment methods between them, adding that the group ...

BRICS Pay is a proposed international payment system for members of the Brics grouping. It would use already existing infrastructure – for example the Mir network in Russia and India’s Unified Payment ...