Status
Operating at scale
Data Exchange System Name
Data Exchange System
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Digital ID System Name
National identity
ID System link
Name (Payment)
GIMACPAY (Central African Regional IPS)
URL (Payment)
Region
Africa
# of participants
AML law
Bank participation in network
Centralised fraud management system?
Consumer protection law
Governor
Central bank/ Financial regulator
Instant settlement system/ platform
Non-bank participation in network
Notes
Part of GIMACPAY network in CEMAC (Central African Economic and Monetary Community)- regional IPS for countries without a national IPS, categorised as advanced for performance on inclusion.
Offline transactions
Operator
Central bank
QR-based transactions
Reporting forum/ website/ form
Rules: data handling rules for PSPs, users
Rules: data leak notifications
Rules: participation conditions
Rules: recourse mechanism
Rules: transaction recall
Settlement systems
Transaction cost
Transaction types
Value (Year-USD)
In 2020, GIMACPAY processed approx. 2 M transactions with a total value surpassing $50 M (SIIPS, 2022)
Volume (Year- Volume)