Payment Systems in Sub-Saharan Africa
Feb 04, 2019 | B. Cooper, C. Hougaard, L. Muñoz Pérez et al. | CENFRI
This two-part note series explores the state of national and regional payment systems in Sub-Saharan Africa (SSA). Note 1 explores themes and imperatives for national and regional payment systems that enable remittances. It provides an overview of the regulatory frameworks in SSA and the principles to be considered to mitigate risks within a payment system. It builds on barriers to remittances series as well as nine national and regional payment system case studies (presented in Note 2) to identify key themes emerging in payments systems across the region and develop a set of guidelines for national and regional payment system development. Note 2 explores that state and regional payment systems market development through four case studies of regional payment systems as well as five case studies of national payment systems in SSA.