Status
Piloted or planned
If a RTPS exists
No
Vision: PSP interoperability
Yes
Name (Payment)
Domestic IPS (in development),SIMO Rede
URL (Payment)
Region
Africa
# of participants
NA,2023- 22
AML law
NA
Bank participation in network
NAYes
Centralised fraud management system?
NA
Consumer protection law
NA
Governor
NA
Non-bank participation in network
NAYes
Notes
Offline transactions
NA
Operator
NABanking association
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,Unknown
Transaction cost
NA,Unknown
Transaction types
NAP2P
P2M
Value (Year-USD)
NA,2021- USD 3.2 B
Volume (Year- Volume)
NA,2021- 56 M