In the media

‘Entrepreneurship To Flourish’: Africa’s Instant Payments Hit 64 Billion Transactions, New Report Shows

The new report shows transaction volumes have grown at an average annual rate of 35% since 2020.

Latest

8 November 2023 / APO Group

State of Inclusive Instant Payment Systems 2023 (SIIPS 2023) Report reveals continued growth in Africa’s instant payment systems

This year’s edition highlights further developments in the IPS landscape and includes a spotlight on cross border retail payments’ policy and regulatory harmonization in Africa.

8 November 2023 / The New Times

New report reveals continued growth in Africa’s instant payment systems

The State of Inclusive Instant Payment Systems in Africa (SIIPS) 2023 report, which was released on November 8, highlights sustained growth in both the supply of instant payment systems and demand for their functionality.

8 November 2023 / Modern Ghana

Instant payment systems in Africa record US$1.2 trillion worth of transactions in 2023

The AfricaNenda report on the State of Inclusive Instant Payment System (SIIP) in Africa for the year 2023 indicates that as of June this year, instant payment systems (IPSs) in Africa recorded 32 billion transactions valued at a whopping US$1.2 trillion.