Investor Presentaiton

LOCAL BULK PAYMENT SOLUTION ➡Banks have devised alternative means of payments following disagreement on the use of the Paynet system; Banks are using other payment services such as RTGS, ZIPIT, internet, card (POS) and mobile money payments to serve the transacting public. ■In addition, banks have also devised mechanisms to allow for exchange of electronic payment files. ➡In line with continued innovation and to further enhance efficiency, banks are working on a fully fledged bulk payments local solution which is expected to go live end of July 2019.

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