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Second phase of eKash launched

By IGIHE
On 29 September 2023 at 03:59

RSwitch Ltd has announced the official launch of the second phase of eKash, the Rwanda National Digital Payment System (RNDPS). eKash remains a secure, seamless, and remarkably swift method that facilitates the transfer of money between Mobile Network Operators (MNOs), Banks, Microfinance Institutions (MFIs), and SACCOs with unparalleled ease.

With eKash, the era of waiting for transactions to reflect in one’s account is now a thing of the past, and financial experience is poised to improve significantly.

Key Features of eKash:

• Instant Transactions: eKash empowers users with instant money transfers, ensuring your funds are available precisely when you need them.

• Secure and User-Friendly: eKash is constructed upon a solid foundation of maximum security and compliance, ensuring that your transactions are shielded at every step.

• Extensive Network: Currently, eKash seamlessly integrates with leading financial service providers, including Ecobank, Zigama CSS, I&M Bank, AB Bank, Bank of Africa, COPEDU PLC, Access Bank Rwanda, MTN MoMo, Airtel Money, with many more expected to join soon!

• Recipient Details Verification: Users have the opportunity to review and confirm recipient details before finalizing transactions.

• Affordability: Access to financial services at a minimal cost.
To begin using eKash, simply register through your financial service provider’s USSD/App; for mobile money users, please dial 18211#.

Commenting on this development, Blaise Pascal Gasabira, CEO at RSwitch Ltd, stated, "This launch signifies a momen-tous stride in Rwanda’s quest for a cashless and inclusive economy. We are proud to offer this innovative solution, and we firmly believe that it will simplify digital payments and promote financial inclusion."

As eKash goes live, individuals are encouraged to embrace this transformative digital payment system, ushering in a new era of convenience and security in financial transactions.

This achievement was made possible through the support of Access to Finance Rwanda, which sponsored the implementation of eKash, as well as the Ministry of Finance and Economic Planning, the Ministry of ICT and Innovation, the Rwanda Information Society Authority, the National Bank of Rwanda, Financial Services Providers, and other stakeholders.


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