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Somalia Unveils Groundbreaking Instant Payment System

Mogadishu: In an exciting leap towards digital transformation, the Somalia Payment Switch (SPS) has unveiled the nation's inaugural Instant Payment System, enriched with QR payment functionality and steered by BPC's cutting-edge SmartVista platform, a top-tier entity in the realm of payment solutions. This initiative, fervently driven by the Central Bank of Somalia (CBS), signifies a robust stride towards not only modernizing Somalia's financial landscape but also fostering broader inclusivity and economic fortitude.…

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