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© 2025 - All Rights Reserved - AfricaNenda Foundation

sadc

    All TCIB

Report Year

2025

    TCIB

  • Geographic Reach

    SADC

  • Gender disaggregated data

    No

  • Geographic Region

    Southern Africa

  • Coverage

    Regional

  • Year Of Establishment

    2021

  • IPS

    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 Participants

    9

  • Number Of Direct Participants: Commercial Banks

    7

  • Number Of Direct Participants: E-money 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 Functionality

    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