Status
Piloted or planned
Data Exchange System Name
Data Exchange System link
If a RTPS exists
Yes
Vision: PSP interoperability
Unknown
Digital ID System Name
National identity cards
ID System link
Name (Payment)
COMESA regional payment system
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
Payment cleared daily, on a net basis. Part of COMESA (Common Market for Eastern and Southern Africa), intra- Africa trade bloc. 9 out of 21 central banks currently on network
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
P2M
B2B
Value (Year-USD)
Value transacted is $138 M across network(2020)
Volume (Year- Volume)