The source defines Instant Payment Systems (IPS) as that which allow digital push payments through set procedures, making final funds available to the payee in the nearest real-time.
It also defines cross-domain instant payment system as that which provides access for banks and non-banks and which supports transactions made from both bank and mobile money accounts.
The listed regions comprise the following countries:
East Africa: Burundi, the Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Mauritius, Rwanda, the Seychelles, Somalia, South Sudan, Sudan, Tanzania, and Uganda.
Southern Africa: Angola, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa, Zambia, and Zimbabwe.
ECOWAS (West Africa): Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, and Togo.
North Africa: Algeria, Egypt, Libya, Mauritania, Morocco and Tunisia.
In a survey conducted in 2022, Southern Africa led in terms of instant bank and non-bank payment systems in Africa, with **** systems in total. East Africa had *** instant cross-domain payment systems, which allow transactions across bank and non-bank accounts. However, this region had the majority of instant bank payment systems in the same year.Â
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AfricaNenda Foundation. (November 30, 2022). Number of bank and non-bank instant payment systems (IPS) in Africa as of 2022, by region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 03, 2026, from /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/
AfricaNenda Foundation. "Number of bank and non-bank instant payment systems (IPS) in Africa as of 2022, by region." Chart. November 30, 2022. ÌÇÐÄÆƽâ°æ. Accessed August 03, 2026. /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/
AfricaNenda Foundation. (2022). Number of bank and non-bank instant payment systems (IPS) in Africa as of 2022, by region. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 03, 2026. /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/
AfricaNenda Foundation. "Number of Bank and Non-bank Instant Payment Systems (Ips) in Africa as of 2022, by Region." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Nov 2022, /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/
AfricaNenda Foundation, Number of bank and non-bank instant payment systems (IPS) in Africa as of 2022, by region ÌÇÐÄÆƽâ°æ, /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/ (last visited August 03, 2026)
Number of bank and non-bank instant payment systems (IPS) in Africa as of 2022, by region [Graph], AfricaNenda Foundation, November 30, 2022. [Online]. Available: /statistics/1461242/number-of-cross-domain-instant-payment-systems-in-africa-by-region/
