TCIB
- Geographic Reach
SADC
- Gender
No
- Geographic Region
Southern Africa
- Coverage
Regional
- Year Of Establishment
2021
- Ips Type
Cross-domain
- Interoperability Arrangement
Multilateral
- Governance Typology
Public Private Partnership (PPP)
- Ownership Model
Regulator-owned
- System Owner
Committee of Central Bank Governors (CCBG)
- Overseer
SADC Payment Systems Management Body (PSMB) and Payment System Oversight Committee (PSOC)
- System Governance
BankservAfrica
- Operator
BankserveAfrica
- Settlement Agent
SADC-RTGS (South African Reserve Bank)
- Number Of Unique Ips End Users
-
- Total Number Of Participants2025
9
- Number Of Direct Participants Commercial Banks
7
- Number Of Direct Participants EMoney Issuers
-
- Number Of Direct Participants MFIs
-
- Number Of Direct Participants Other
-
- Number Of Direct Participants Post Office
-
- Indirect Participants Type
MTO
- Number Of Indirect Participants
2
- Supported Use Cases
Cross border, P2P
- Supported Instruments
Credit EFT, Debit EFT, E-money, Card
- Primary Local Channel
App
- Supported Channels
USSD, Agent (e-money), Agent (banking), App
- Qr Code Enabled Type
-
- Messaging Standard
ISO 20022
- Proxy Id
Bank account number , System released their own ID
- Other Proxy Id Type
-
- Business Model
Not-for-profit
- Pricing Structure
(i) Onboarding fee: $2 500 (ii) Scheme Membership fee $500 per Annum (iii) Service Participation fee $2 500 Annual (iv) Transaction fee $0,10 per transaction (v) Service incentive fee $0,40 per transaction
- Scheme Rules Public
No
- Additional Recourse Requirements
Yes
- Dispute Resolution Mechanism
Yes
- Api Use Function
Yes
- Startup Funding Source
SADC Regulator and SADC Central Bank
- Participation In Decision Making
No
- Mechanism For Decision Making
-
- Ability To Become Direct Participants
Yes
- Entities That Cannot Participate
-
- Min Value For Transactions
No min. value
- Corporate Structure
Other
- Other Corporate Structure
Private non-profit organisation
- Pull Request To Pay Enabled
No
- Third Party Connections Enabled
Yes
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Not ranked
