Salone Pement Switch
- Geographic Reach
Sierra Leone
- Gender disaggregated data
No
- Geographic Region
West Africa
- Coverage
Domestic
- Year Of Establishment
2025
- IPS
Cross-domain
- Interoperability Arrangement
-
- Governance Typology
-
- Ownership Model
-
- System Owner
Salone Pement Switch (SAPS)
- Overseer
The Bank of Sierra Leone
- System Governance
The Bank of Sierra Leone
- Operator
The Bank of Sierra Leone
- Settlement Agent
The Bank of Sierra Leone
- Number of Unique IPS End Users
-
- Total Number Of Participants
11
- Number Of Direct Participants: Commercial Banks
8
- 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
Mobile Money Operators
- Number Of Indirect Participants
3
- Supported Use Cases
P2P
- Supported Instruments
Credit EFT
- Primary Local Channel
-
- Supported Channels
USSD , App, Browser, QR Code
- QR Code Enabled Type
Both
- Messaging Standard
ISO 20022
- Proxy ID
Mobile phone number, QR code
- Other Proxy ID Type
-
- Business Model
Not-for-profit
- Pricing Structure
-
- Scheme Rules Public
Yes
- Additional Recourse Requirements
Yes
- Dispute Resolution Mechanism
Yes
- API Functionality
Yes
- Startup Funding Source
World Bank
- Participation in Decision Making
No
- Mechanism for Decision Making
-
- Ability to become Direct Participants
Yes
- Entities that cannot Participate
-
- Min Value for Transactions
0.1 Leone
- Corporate Structure
Public listed company
- Other Corporate Structure
-
- Pull Request to Pay Enabled
No
- Third Party Connections Enabled
Yes
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Not ranked
