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
Regulator (Central Bank)
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 Regulator (Central Bank)

This curated pathway highlights the sections of the Reference Guide most relevant to your role as a Regulator (Central Bank). 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

3. Legal Framework

Understand the hierarchical legal structure and international standards (PFMIs) underpinning IPS regulation.

2

1. Introduction

Contextualise the policy mandate for instant payment regulation in Africa.

3

Executive Summary

High-level overview of the Reference Guide's purpose, scope, and regulatory relevance.

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