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Ericsson, Rwanda launch national interoperability switch for real-time payments

Monday 16 May 2016 10:35 CET | News

Ericsson, a communication technology corporation, has partnered with the Ministry of Finance and Economic Planning for Rwanda to launch a national interoperability switch based on the Ericsson M-Commerce Interconnect solution.

The solution permits financial and payments services providers in the country to connect to one common platform for real-time payment transactions, biznisafrica.co.za reports. The partnership supports the Government of Rwanda to create a digital economy and drive greater financial and social inclusion for its society and citizens.

Ericsson M-Commerce Interconnect links Rwandan financial stakeholders to create a real-time, irrevocable financial transactions processing solution. The Rwanda Interoperability Switch is expected to be operational by early 2017.


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Keywords: Ericsson, Rwanda, realtime payment, digital economy, online payments, transactions
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce