Status
Does not exist
Data Exchange System Name
Data Exchange System
Data Exchange System link
If a RTPS exists
No
Vision: PSP interoperability
No
Digital ID System Name
Togo eID
ID System link
Name (Payment)
Novissi,Regional IPS by WAEMU
URL (Payment)
Region
Africa
# of participants
Unknown
AML law
Unknown
Bank participation in network
Yes
Centralised fraud management system?
Unknown
Consumer protection law
Unknown
Governor
Central bank/ Financial regulator
Instant settlement system/ platform
NA
Non-bank participation in network
No
Notes
Novissi a digital cash transfer platform that does G2P, without the full capabilities of an instant payments system (G2P, P2P, P2M, etc.) Part of WAEMU (West Africa Monetary Union) project on cross-border domestic remittances. Strong champion in Abdoulaye Seck, the Secretary General of BCEAO (banking regulator).
Offline transactions
Unknown
Operator
OtherCentral bank
QR-based transactions
Unknown
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
Transaction cost
Unknown
Transaction types
G2PBulk transfersRemittances
Merchant payments
Value (Year-USD)
NA
Volume (Year- Volume)
NA