Pillar
Digital Infrastructure
Sub-pillar
Instant payment infrastructure
Portal Indicator name
Instant payments system model
Metrics
Instant payments system model
Output type
Non-numeric (Cross-domain IPS, Bank IPS, Mobile money IPS, sovereign currency IPS)
Input metric (short definition)
Model of instant payment system
Periodicity
Annual
Methodology
To map the landscape, various resources were used,
including, but not limited to, data from government and
private-sector sources and literature from development
partners. As reliable and consistent data is often not
readily available, we particularly thank the central
banks and IPS operators of the Central African
Economic and Monetary Community (CEMAC),
Ghana, Kenya, Madagascar, Malawi, Mozambique,
Rwanda, South Africa, Zambia, and Zimbabwe for
providing information to help close data gaps.
Information was provided on the following systems:
eKash (Rwanda), National Financial Switch (Zambia),
Kenya mobile money and PesaLink, Madagascar
mobile money, GhIPSS Instant Pay and Ghana mobile
money, Natswitch (Malawi), Sociedade Interbancaria De
Mocambique (Mozambique), and Real-Time Clearing
(South Africa).
For other data, we relied on a mix of publicly available
information. Scheme rules are often not available
publicly, and information online is scarce.
Using this approach, we developed a comprehensive
database, which provided a typological analysis of
the continent’s IPS, considering various factors such
as functionality, technology, governance models, and
inclusivity. The data is up-to-date as of June 1, 2023.
To go deeper, we conducted 18 interviews with key
stakeholders, including payment system experts,
regulators, IPS providers, IPS operators, and PSPs between
January and April 2023. These interviews provided valuable
insights on trends, barriers, opportunities, and other
pertinent information required for the analysis
including, but not limited to, data from government and
private-sector sources and literature from development
partners. As reliable and consistent data is often not
readily available, we particularly thank the central
banks and IPS operators of the Central African
Economic and Monetary Community (CEMAC),
Ghana, Kenya, Madagascar, Malawi, Mozambique,
Rwanda, South Africa, Zambia, and Zimbabwe for
providing information to help close data gaps.
Information was provided on the following systems:
eKash (Rwanda), National Financial Switch (Zambia),
Kenya mobile money and PesaLink, Madagascar
mobile money, GhIPSS Instant Pay and Ghana mobile
money, Natswitch (Malawi), Sociedade Interbancaria De
Mocambique (Mozambique), and Real-Time Clearing
(South Africa).
For other data, we relied on a mix of publicly available
information. Scheme rules are often not available
publicly, and information online is scarce.
Using this approach, we developed a comprehensive
database, which provided a typological analysis of
the continent’s IPS, considering various factors such
as functionality, technology, governance models, and
inclusivity. The data is up-to-date as of June 1, 2023.
To go deeper, we conducted 18 interviews with key
stakeholders, including payment system experts,
regulators, IPS providers, IPS operators, and PSPs between
January and April 2023. These interviews provided valuable
insights on trends, barriers, opportunities, and other
pertinent information required for the analysis
Source
AfricaNenda African IPS Map
Regional aggregrational method
n/a
Regional aggregrational calculation
n/a
Data Source