Payment Systems News

Ethiopia: ECX, Birhan Bank Go for Modern, Reliable Payment System


 | Source: The Ethiopian Herald; All Africa

Ethiopia Commodity Exchange (ECX) has extended its efforts to create modern and reliable payment system.

Tanzania: More LGAs Connected to Tanzania Inter-bank Settlement System


 | Source: Tanzania Daily News; All Africa

The linking of payment systems through Tanzania Inter-bank Settlement System had enhanced efficiency in government payment and cut on the costs for bank's services.

Kenya: Six banks get approval to launch mobile money platform


The platform will interconnect all banks, cut transaction costs for the banks.