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.
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Value of instant payment transactions in Africa 2022, by system
According to a survey, of the total value of instant payment transactions (IPS) carried out in Africa in 2022, the highest were from cross-domain IPS. That year, nearly *** billion U.S. dollars of instant cross-domain payment transactions were registered on the continent. This system provides access for banks and non-banks and supports transactions made from both bank and mobile money accounts. Instant payment systems are spread across Africa.
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AfricaNenda Foundation. (November 5, 2023). Value of instant payment transactions in Africa as of 2022, by system (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/
AfricaNenda Foundation. "Value of instant payment transactions in Africa as of 2022, by system (in billion U.S. dollars)." Chart. November 5, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/
AfricaNenda Foundation. (2023). Value of instant payment transactions in Africa as of 2022, by system (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/
AfricaNenda Foundation. "Value of Instant Payment Transactions in Africa as of 2022, by System (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 5 Nov 2023, /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/
AfricaNenda Foundation, Value of instant payment transactions in Africa as of 2022, by system (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/ (last visited July 28, 2026)
Value of instant payment transactions in Africa as of 2022, by system (in billion U.S. dollars) [Graph], AfricaNenda Foundation, November 5, 2023. [Online]. Available: /statistics/1461829/value-of-instant-payment-transactions-in-africa-by-system/