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UEMOA launches interoperable instant payment system pilot (BCEAO) - 0 views

www.bceao.int/...nt-instantane-interoperable-de

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shared by John Kiff on 24 Jul 24 - No Cached

John Kiff on 24 Jul 24

The Central Bank of the States of West Africa (BCEAO) has launched the pilot phase of the interoperable instant payment system (IPS) of the West African Economic and Monetary Union (UEMOA). 25 financial institutions across four countries met the criteria required to participate. A second group will join the pilot on August 12, 2024.The new interoperable 24/7 IPS infrastructure is capable of processing transactions of any kind, regardless of the account type.

<div class="cArrow"> </div><div class="cContentInner">The Central Bank of the States of West Africa (BCEAO) has launched the pilot phase of the interoperable instant payment system (IPS) of the West African Economic and Monetary Union (UEMOA). 25 financial institutions across four countries met the criteria required to participate. A second group will join the pilot on August 12, 2024.The new interoperable 24/7 IPS infrastructure is capable of processing transactions of any kind, regardless of the account type.</div>

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