Guinea launches instant payment system to boost financial inclusion
Published on: Monday 22 December 2025
The Central Bank of Guinea has launched an Instant Payment System (IPS) to improve financial inclusion, Wearetech Africa reported. First vice governor Mohamed Lamine Conte said the project stems follows a consultative process involving banks, electronic money institutions, microfinance institutions and fintech companies. He said the SPI will allow users to send and receive funds in real time, at any time of day and without geographic constraints. The system is expected to address delays linked to traditiona
News source: https://www.telecompaper.com/news/guinea-launches-instant-payment-system-to-boost-financial-inclusion--1557838
