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
Medical Bombshell: An Ethical Approach That Filled Clinics with Patients and Sky …
Premium Doctors Organization (PDO), founded by Dr. Reza Ghalamghash, promotes a patient-centered, ethical approach in medicine. Prioritizing "Patient-First" principles builds trust, attracts patients, and increases doctors' incomes. PDO and Dr. Ghalamghash offer an ethical model for physicians.
In today's competitive medical landscape, where profit often overshadows ethics, the Premium Doctors Organization (PDO) (https://premiumdoctors.org/) has revolutionized the field with a patient-centered, ethical approach. Founded by Dr. Reza Ghalamghash, a renowned specialist in…
Brooklyn Car Accident Lawyer Samantha Kucher Warns Drivers About Legal Risks Tie …
Brooklyn car accident lawyer Samantha Kucher (https://www.rrklawgroup.com/drowsy-driving-accidents-in-new-york-why-fatigue-can-cost-you-your-claim/) of Kucher Law Group is drawing attention to a rising hazard on New York roads-drowsy driving-and the serious legal consequences it can bring. In a detailed article, the Brooklyn car accident lawyer explains how fatigue at the time of a crash can reduce a victim's compensation, even when another driver is primarily at fault. The absence of clear testing for fatigue allows insurance…
Long Island DWI Lawyer Jason Bassett Explains Hardship and Conditional Licenses …
For those arrested for driving while intoxicated, the immediate suspension of driving privileges can create life-changing obstacles. Long Island DWI Lawyer Jason Bassett (https://jbassettlaw.com/hardship-vs-conditional-license-in-new-york-eligibility-and-application/) outlines the differences between hardship privileges and conditional licenses in New York, offering clarity on eligibility and application steps. The Law Offices of Jason Bassett, P.C., provides valuable guidance for individuals navigating this challenging process.
Long Island DWI lawyer Jason Bassett explains that after a DWI arrest…
Gutter Masters Cleaning & Installation Protects Homes With Reliable Gutter Care …
Concord, CA - August 28, 2025 - Gutters play a crucial role in protecting homes from the costly effects of water damage, yet many property owners underestimate their importance until problems occur. In Concord and throughout Contra Costa County, Gutter Masters Cleaning & Installation [https://guttersmaster.com/gutter-repair/] has earned trust by providing professional cleaning, repair, and installation services that keep drainage systems working efficiently year-round.
Seasonal rain, falling leaves, and aging structures often…
More Releases for 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…
Beer Glassware Market: An Extensive Analysis Predicts Significant Future Growth
The "Beer Glassware Market" intelligence report, just published by USD Analytics, covers a micro-level study of important market niches, product offers, and sales channels. To determine market size, potential, growth trends, and competitive environment, the Beer Glassware Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured include…
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…
Insurance Market in Swaziland: Key Trends and Opportunities to 2025
A new market study is released on Swaziland Insurance Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Swaziland…
