Status
Piloted or planned
If a RTPS exists
No
Vision: PSP interoperability
Unknown
Name (Payment)
Domestic IPS (in development),Mobile Money
URL (Payment)
Region
Africa
# of participants
NA,2023- 10 M accounts
AML law
NA
Bank participation in network
NANo
Centralised fraud management system?
NA
Consumer protection law
NA
Governor
NA
Non-bank participation in network
NAYes
Notes
Domestic IPS (could be non exclusive for mobile networks) is in development as of 2022. Intended to be a part of regional IPS REPSS (The Common Market for Eastern and Southern Africa- COMESA)
Offline transactions
NA
Operator
NACommercial bank/ Private PSP
QR-based transactions
NA
Reporting forum/ website/ form
NA
Rules: data handling rules for PSPs, users
NA
Rules: data leak notifications
NA
Rules: participation conditions
NAUnknown
Rules: recourse mechanism
NA
Rules: transaction recall
NA
Settlement systems
NA,NA
Transaction cost
NA,Unknown
Transaction types
NAP2P
P2M
Value (Year-USD)
NA,2020- USD 639 M
Volume (Year- Volume)
NA,Unknown