AfricaNenda
Center of Excellence

Reference Guide for Inclusive Instant Payment Scheme Rules

A comprehensive framework for developing scheme rules, offering legal, operational, and governance foundations to build secure and accessible IPS across Africa.

Version 1.0
Pathway for
Scheme Participant (Bank/Fintech)
Glossary of Terms

Overview

Executive Summary1. Introduction2. Guiding Approach3. Legal Framework4. Participation Agreements5. Core Components of Scheme Rules6. Pricing Policy7. Education & Awareness8. Conclusion and Path Forward

Annexes

Annex 1: GlossaryAnnex 2: Global BenchmarkingAnnex 3: Key Performance MetricsAnnex 4: Financial Inclusion MetricsAnnex 5: Key Components of Scheme RulesAnnex 6: Participant Compliance ReportingAnnex 7: Examples of Existing IPS

AfricaNenda © 2026 · Reference Guide v1.0

Reference Guide pathway for Scheme Participant (Bank/Fintech)

This curated pathway highlights the sections of the Reference Guide most relevant to your role as a Scheme Participant (Bank/Fintech). The full guide is structured to serve all stakeholder groups — the sections below are specifically recommended for your role based on the activities, responsibilities, and decisions most typical for your position within the instant payment ecosystem.

Recommended Reading for You

1

1. Introduction

Understand participation criteria, obligations, and the IPS ecosystem.

2

Executive Summary

Quick orientation on what the Reference Guide covers and how it applies to participants.

3

3. Legal Framework

Review legal obligations and compliance requirements for scheme participants.

Access the Full Guide

While this pathway focuses on the most relevant sections for your role, all chapters and annexes are available for reference.

Executive SummaryGlossaryKey Components ChecklistGlobal Benchmarking