openPR Logo
Press release

PayLogic Awarded Project for Interoperable Digital Payment Switch in the Union of Comoros

01-10-2025 06:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Headlineplus
PayLogic Awarded Project for Interoperable Digital Payment

Image: https://www.globalnewslines.com/uploads/2025/01/361f8e1603279d5d2bc560adfd333761.jpg

Casablanca, Morocco - January 10, 2025 - PayLogic, a global leader in payment technology, is proud to announce its selection to deliver an interoperable digital payment switch platform for the Union of Comoros under the Projet d'Appui au Developpement du Secteur Financier (PADSF). This project, awarded through Appel d'Offres No: DOF/N degrees 02/MFB/BCC/PADSF, represents a critical step in modernizing the nation's financial infrastructure.

The new platform will enable interoperability across financial institutions, banks, and payment service providers, fostering a seamless and inclusive digital payment ecosystem. By connecting diverse players in the financial sector, the system will make payments faster, more secure, and accessible to all.

Advancing Financial Inclusion

The interoperable payment switch will address key challenges in the financial sector by facilitating real-time, cost-effective, and reliable digital transactions. This technology supports the Union of Comoros' broader goals of extending financial services to underserved communities and promoting economic growth.

PayLogic's Commitment

"This project is a testament to our dedication to delivering innovative solutions that transform financial ecosystems," said Mohamed Mekouar, executive chairman of PayLogic. "By implementing an interoperable payment switch, we are helping to create a more inclusive and efficient financial infrastructure in the Union of Comoros. We are excited to partner with local stakeholders to bring this vision to life."

About the PADSF Initiative

The Projet d'Appui au Developpement du Secteur Financier (PADSF) aims to strengthen the Union of Comoros' financial sector through modernization, transparency, and enhanced accessibility. The project focuses on building critical infrastructure that supports sustainable economic development and financial inclusion.

About PayLogic

PayLogic is a leading provider of payment technology solutions, specializing in interoperable payment switches, digital financial gateways, and robust financial infrastructure. With extensive experience across Africa, the Middle East, Asia, and the Americas, PayLogic works with governments, central banks, and financial institutions to deliver scalable, secure, and innovative payment systems.

T. Kandoussi

Public Relations Officer

Email: kandoussi@pay-logic.com

Phone: +1 980-300-9809

PayLogic Headquarters

CFC Bridge Lot.53 RDC Bloc AQ Casa Anfa Hay Hassani

Casablanca, Morocco

Phone: +212 522 47 45 50

Website: pay-logic.com [https://pay-logic.com/]

LinkedIn: https://linkedin.com/company/paylogic
Media Contact
Company Name: PayLogic Headquarters
Contact Person: Media Manager
Email: Send Email [http://www.universalpressrelease.com/?pr=paylogic-awarded-project-for-interoperable-digital-payment-switch-in-the-union-of-comoros]
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 PayLogic Awarded Project for Interoperable Digital Payment Switch in the Union of Comoros here

News-ID: 3811002 • Views:

More Releases from Getnews

Braithwaite McMillian Grimes Strengthens Legal Support for Aiken Residents
Braithwaite McMillian Grimes Strengthens Legal Support for Aiken Residents
Image: https://www.globalnewslines.com/uploads/2025/09/1756747286.jpg Braithwaite McMillian Grimes, Injury Attorneys and Counselors at Law, announces enhancements to local legal services that deepen investigative resources, courtroom readiness, and client communication. The firm aims to guide individuals through criminal and injury matters with practical clarity, compassionate listening, and focused advocacy during times of uncertainty. Criminal Defense Tailored to Local Courts When criminal charges arise, immediate clarity and experienced representation matter. Braithwaite McMillian Grimes concentrates criminal practice in
siift.ai Launches the Founder's Compass to De-Risk Early-Stage Entrepreneurship
siift.ai Launches the Founder's Compass to De-Risk Early-Stage Entrepreneurship
Image: https://www.globalnewslines.com/uploads/2025/08/2c05dd6025d38c05b8ee025409af6266.jpg siift.ai today announced the launch of its flagship product, The Founder's Compass , an AI-powered business advisor designed to help aspiring and early-stage founders turn ideas into viable businesses. The platform combines the guidance of an AI business coach with structured startup playbooks, giving founders the clarity and execution power they need to avoid common blindspots. This launch marks a major step forward in making entrepreneurship more accessible, efficient,
Kiwi Imprints (Artistic Textile) - Best Signs, T-shirts, Embroidery and more Elevates Artistic Textiles in Plano
Kiwi Imprints (Artistic Textile) - Best Signs, T-shirts, Embroidery and more Ele …
Image: https://www.globalnewslines.com/uploads/2025/09/1756737068.jpg Best Signs, T-shirts, Embroidery and more, a leader in artistic textiles, delivers premium custom products, including vibrant t-shirts, precision embroidery, and striking signs. Serving Plano, Texas, the company combines creative design with professional craftsmanship, offering businesses and individuals high-quality, personalized solutions that make a lasting visual impact across apparel, signage, and promotional items. Specializing in vibrant apparel, precision embroidery, and professional signage, the company transforms creative visions into tangible, lasting
DarkPool Trading Founder Karl Dean Leverages 25+ Years of Market Experience into Education Platform Empowering Everyday Investors
DarkPool Trading Founder Karl Dean Leverages 25+ Years of Market Experience into …
Alberta, Canada - September 1, 2025 - Veteran trader Karl Dean, recently honored with Finance Specialist of the Year by Corporate LiveWire (2024 & 2025), today announced the expansion of his company, DarkPool Trading, and its mission to simplify the stock market for everyday people. Through structured education, mentorship, and innovative programs, DarkPool Trading is equipping individuals of all ages with the knowledge and confidence to build financial freedom. Image: https://www.globalnewslines.com/uploads/2025/09/46f0aa3f7a440e36828c11bc43a5d9bb.jpg "For

All 5 Releases


More Releases for PayLogic

PayLogic Awarded Contract for Agency Banking Project in the Union of the Comoros
Image: https://www.abnewswire.com/upload/2025/01/d2a2a239276abd45d2ad8782da4c452a.jpg Casablanca, Morocco - January 13, 2025 - PayLogic, a global leader in innovative payment solutions, is pleased to announce that it has been awarded a contract to implement an agency banking project in the Union of the Comoros. This strategic initiative is a pivotal component of the nation's broader efforts to digitize its economy and enhance public service delivery. Under this contract, PayLogic will deploy its state-of-the-art agency banking solution
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
The Interoperable Digital Payment Platform for Eswatini Central Bank of Eswatini …
Image: https://www.abnewswire.com/upload/2025/01/ab0ddd80809cab42c3d508fe9a7b6df0.jpg 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