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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2. The demand for secure, fast, and modern payment solutions has been pressing.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2. The demand for secure, fast, and modern payment solutions has been pressing.

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Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App

Fintech Finance

Mashreq , one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from their customers instantly, securely, and seamlessly with no IBAN required.

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New Era for Payments in Somalia: Somalia Payment Switch Launches Instant Payment System

The Fintech Times

The Somalian financial ecosystem has taken its next step in the digital world as the Central Bank of Somalia’s (CBS) payments initiative, the Somalia Payment Switch (SPS), has successfully launched the country’s first instant payment system.

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The Future of Payments is Here: International Instant Payments Between BANCOMAT, BIZUM and MB WAY Are Now Launching

Fintech Finance

Bancomat, Bizum and MB WAY have begun rolling-out their connection, which will enable users in Italy, Portugal, Spain and Andorra to send and receive money instantly to mobile phone numbers, using their preferred payment solutions. This initiative aims to strengthen the innovative and trusted European payment infrastructure.

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The Future of Payments is Here: International Instant Payments Between BANCOMAT, BIZUM and MB WAY Are Now Launching

Fintech Finance

Bancomat, Bizum and MB WAY have begun rolling-out their connection, which will enable users in Italy, Portugal, Spain and Andorra to send and receive money instantly to mobile phone numbers, using their preferred payment solutions. This initiative aims to strengthen the innovative and trusted European payment infrastructure.

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

AfricaNenda Foundation has released its 2024 Annual Report, marking a significant year of transformation and impact in its mission to accelerate access to inclusive instant payment systems (IIPS) across Africa. Key achievements included: Expanding access to IIPS in Cabo Verde, Mauritania, Rwanda, South Sudan, and the CEMAC region.