Status
Operating at scale
If a RTPS exists
Yes
Vision: PSP interoperability
Unknown
Name (Payment)
Nat Switch
URL (Payment)
Region
Africa
# of participants
2023- 13
AML law
Yes
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank/ Financial regulator
Non-bank participation in network
Yes
Notes
Part of regional IPS network (The Common Market for Eastern and Southern Africa- COMESA) Funded by World Bank technical assistance project SIIPS report: mature level of inclusivity CDPI- MAL-Switch for interoprable P2P, P2M payments
Offline transactions
Unknown
Operator
Banking association
QR-based transactions
No
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Unknown
Rules: data leak notifications
Unknown
Rules: participation conditions
Unknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
Unknown
Transaction cost
Unknown
Transaction types
P2P
P2M
Value (Year-USD)
2022- USD 312 M
Volume (Year- Volume)
2022- 11.5 M