Press release
The Interoperable Digital Payment Platform for Eswatini Central Bank of Eswatini (CBE) goes live
Casablanca, Morocco - January 8, 2025 - PayLogic is proud to announce the successful go-live of the Eswatini Payment Switch (EPS). This innovative platform is set to transform the nation's financial landscape by enabling real-time, interoperable transactions across all payment service providers, including banks and non-banks.
The EPS aims to facilitate seamless interconnectedness and interoperability among financial institutions, allowing payments to be processed within seconds. This advancement is expected to reduce the reliance on cash, promote a cash-lite economy, and provide 24/7 availability of payment services, including weekends and holidays.
PayLogic, a leading provider of advanced payment solutions, has been instrumental in the development and implementation of the EPS. Their expertise has ensured the deployment of a robust and secure platform capable of handling the complexities of modern interoperable payment switch.
"We are honored to partner with the Central Bank of Eswatini in this transformative project," said Mohamed Mekouar, Executive Chairman of PayLogic. "The Eswatini Payment Switch is a testament to our commitment to driving digital transformation and financial inclusion across Africa. We look forward to witnessing the positive impact this platform will have on Eswatini's financial sector."
About the Central Bank of Eswatini
The Central Bank of Eswatini is the primary monetary authority in Eswatini, dedicated to maintaining financial stability and fostering economic development. Through initiatives like the Eswatini Payment Switch, the Bank demonstrates its commitment to modernizing the nation's financial infrastructure and promoting financial inclusion.
About PayLogic
PayLogic is a global leader in innovative payment solutions, specializing in secure and efficient financial technologies. With a proven track record of empowering institutions worldwide, PayLogic remains at the forefront of driving digital transformation in the financial sector.
For media inquiries, partnership opportunities, or additional information about PayLogic's innovative payment solutions, please contact:
LinkedIn: https://linkedin.com/company/paylogic
Media Contact
Company Name: PayLogic
Contact Person: T. Kandoussi
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-interoperable-digital-payment-platform-for-eswatini-central-bank-of-eswatini-cbe-goes-live]
Phone: +212 522 47 45 50
Address:CFC Bridge Lot.53 RDC Bloc A Q Casa Anfa Hay
City: Hassani
Country: Morocco
Website: https://pay-logic.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Interoperable Digital Payment Platform for Eswatini Central Bank of Eswatini (CBE) goes live here
News-ID: 3808208 • Views: …
More Releases from ABNewswire
The Eternal Quest Weaves Memories, Music, and Magic into a Timeless Journey of R …
Filipino-American poet Rizalina Ramos Talag invites readers to explore the beauty of life's fleeting moments, childhood wonder, and enduring legacy.
In her latest collection, The Eternal Quest, Rizalina Ramos Talag (known to loved ones as "Lynn") offers a lyrical meditation on life's many seasons. From sun-drenched afternoons in Bukidnon to quiet reflections in a chapel pew, her poems trace the invisible steps of memory, identity, and intergenerational love.
A storyteller at heart…
Xmake and RapidDirect Forge Strategic Partnership to Boost Global Custom Manufac …
Partnership expands capacity and support for custom manufacturing projects.
Image: https://www.abnewswire.com/upload/2026/01/4fcf5e01791352d6fc1f0bb5d027b688.jpg
SHENZHEN, China - Jan 27, 2026 - Xmake, an on-demand manufacturing services provider, today announced a partnership with RapidDirect to expand Custom Manufacturing capacity and project support for customers sourcing parts through Xmake's online quoting workflow.
According to both companies, the partnership aims to help product teams transition from prototype to production with fewer delays caused by supplier handoffs, quoting cycles, and…
Paris Orly Airport Chauffeur Service By Noble Transfer
Image: https://www.abnewswire.com/upload/2026/01/8a51688130bcae57d821bfce7a23a75c.jpg
When elegance, punctuality and professionalism are of the utmost importance, Paris Orly chauffeur service [https://www.nobletransfer.com/] by Noble Transfer offers a travel experience that goes beyond. Whether you are flying in for business, leisure or a special event, you deserve a flying service that combines luxury with reliability -- the kind of refinement that is sure to make every moment in Paris unforgettable.
Luxury Fleet Suited For Every Purpose
Noble Transfer's fleet…
Fujn Introduces a Privacy-Focused Digital Exchange Platform for Secure and Direc …
Image: https://www.abnewswire.com/upload/2026/01/1ee9b02e7bfc8d8724013981ffd31f21.jpg
San Francisco - January 27, 2026 - Fujn has continued to expand its role in the technology and digital services sector with the development of its automated fujn swap [https://swap.fujn.com] platform, designed for users seeking simplicity, privacy, and direct control over their online transactions. Founded in San Francisco in 2020, Fujn initially gained recognition for its transaction accelerator [https://fujn.com] technology, which helps users navigate network congestion and improve processing…
More Releases for Eswatini
Food Grade Extra Neutral Alcohol Market Share Driven by Expanding Beverage Produ …
Food Grade Extra Neutral Alcohol Market
The global Food Grade Extra Neutral Alcohol market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-0U10025/Global_Food_Grade_Extra_Neutral_Alcohol_Market_Research_Report_2022
The Food Grade Extra Neutral Alcohol (ENA) Market is experiencing significant market growth as demand surges across the beverage, food, and spirits industries. Extra Neutral Alcohol, known for its…
Eswatini Telecom Operators Country Intelligence Market Booming Worldwide |BICS,S …
HTF MI just released the Eswatini Telecom Operators Country Intelligence Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Key Players in This Report Include: MTN Eswatini (Eswatini),…
Introducing True Green Energy: A Paradigm Shift Towards Sustainability and Clima …
PSG Initiative proudly presents True Green Energy, a transformative system that redefines sustainable energy production on a global scale. This innovative approach integrates a multitude of proven technologies and solutions into a unified, closed-loop system designed to address pressing challenges such as climate change, energy security, and environmental sustainability.
Contrary to common misconceptions, the True Green Energy system debunks the belief that fossil fuels are inherently destructive to the environment. Through…
Who is Paylogic, the fintech dominating interoperable national switch market in …
After success in the CEMAC economic zone, PayLogic continues its expansion in Africa. The company has implemented national interoperable payment switches in Eswatini (EPS) and Lesotho (LeSwitch), developed a Treasury payment platform in Madagascar, and recently won a contract for national interoperable payment switch infrastructure in Comoros.
Image: https://www.abnewswire.com/upload/2025/01/c169c4d2679d67fe4406c45cdebbace8.jpg
National payment switches have emerged as critical infrastructure for advancing financial inclusion and digital payments in developing economies. These systems enable seamless interoperability…
Decanter Market Expecting Huge Demand in Upcoming Years
Decanter Market latest research report added by USD Analytics. The Decanter Market Study has been segmented by key a region that is accelerating the marketization. The report is a great blend of qualitative and quantitative market data that was gathered and evaluated mostly through primary data and secondary sources. This also provides the scope of different segments and applications that can potentially influence the marketplace in the future. The detailed…
Megestrol Market Trends, Business Overview, Industry Growth and Forecast to 2028
The global megestrol market is anticipated to grow at a significant CAGR of 5.2% during the forecast period (2022-2028). Megestrol is a synthetic Progesterone hormone, used to treat breast and endometrial cancer. It alters female hormones that contribute to cancer growth and aids in weight gain by increasing hunger. Breast cancer is one of the most prevalent type of cancer globally. According to the World Health Organization (WHO), 2.26 million…
