eKash (RNDPS 2.0)Africa’s most advanced Mojaloop deployment: open source, publicly governed, with near-zero pricing set by the government. Launched at the Inclusive Fintech Forum on February 27, 2025, with nationwide rollout in July 2026. Worth following as a model for countries that refuse to buy a proprietary switch.RSwitch Ltd (Rwanda's national switch), built on Mojaloop · since 2025More than 47 million transactions worth more than RWF 203 billion since rollout; 22 connected institutions, including MTN and Airtel (RSwitch / RISA, 2026). Since July 14, 2026, fees have been capped at about 1 US cent per bank-to-wallet transfer. The same announcements cite “more than 21 million registered users,” which exceeds Rwanda’s population (about 14 million). With no published definition, that figure is not used here.
Global registry · Africa & Middle East · East Africa
Rwanda Payment systems
5 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
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Payments in East AfricaPayments in Portuguese-speaking and southern AfricaMobile money in AfricaPayments in West and Southern AfricaPayments in the CEMAC zonePayments in the Gulf and the Middle EastAccepting payments in AfricaAccepting payments in Egypt and the MaghrebAccepting payments in the GulfCollecting payments in Kenya and East AfricaCollecting payments in Nigeria and West AfricaPayments in Africa: the continent that reinvented mobile money
Instant payments
Wallets
Chipper CashCross-border wallet for person-to-person transfers within Africa and to the US, plus virtual cards and stock trading. Two corrections to the original entry: the operator is not “Chipper Cash Inc.” but Critical Ideas, Inc., and Kenya is no longer among the six countries it says it serves. User figures remain self-reported and unaudited.Critical Ideas, Inc. (company operating the Chipper Cash brand; the US issuer registration (NMLS 2266748) is held by Voyse Technologies US, Inc.)More than 5 million users and more than 250,000 transactions a day claimed, and more than 1 million virtual Visa cards issued (chippercash.com, accessed August 2026)
Acquiring and processing
DPO Pay (formerly DPO Group / Direct Pay Online)Online acceptance provider operating in East and Southern Africa, now under the Network International brand. The original entry flagged the ownership chain (Network International, then Brookfield) for due diligence: only ownership by Network International is confirmed by a primary source; the move under Brookfield’s control is not confirmed here.Network International (the service now trades as “DPO Pay by Network”; the DPO acquisition was part of Network International’s 2016–2021 regional expansion phase, and its Africa headquarters is in Nairobi.)Claimed presence in more than 20 countries, with a country selector covering 11 markets (dpogroup.com, accessed August 2026)
Cross-border rails
EAPS (East African Payment System)The East African Community's high-value cross-border rail, in local currencies, open from 8:30 a.m. to 4:00 p.m. EAT, Monday through Friday. It complements the retail rails (TIPS, PesaLink) rather than competing with them. Burundi is not a participant, despite what presentations listing all five EAC central banks suggest.Link between the national RTGS systems of the East African Community; Kenyan access runs through KEPSS, run by the Central Bank of Kenya, and the Bank of Tanzania lists it among its clearing and settlement systems.Four participating countries: Kenya, Rwanda, Tanzania, and Uganda (Central Bank of Kenya, National Payments System page, 2026).
Other
RIPPS (Rwanda Integrated Payment Processing System)A single platform carrying the three core components of Rwanda’s system: an RTGS for large-value and time-critical payments; an automated clearing house for credit transfers, direct debits, and checks; and a central securities depository. A systemically important system that everything eventually passes through, including eKash settlement. Upgraded in 2023–2024 for 24/7 operation and ISO 20022 alignment.National Bank of Rwanda · since 2011