{"id":5627,"date":"2025-11-12T14:51:03","date_gmt":"2025-11-12T12:51:03","guid":{"rendered":"https:\/\/swazidailynews.com\/?p=5627"},"modified":"2025-11-12T14:51:03","modified_gmt":"2025-11-12T12:51:03","slug":"e856-mln-processed-through-eswatini-payment-switch","status":"publish","type":"post","link":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/","title":{"rendered":"E856 mln processed through Eswatini Payment Switch"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">By Delisa Magagula<\/p>\n<p>Over E856 million worth of transactions have been processed through the Eswatini Payment Switch (EPS) since its launch less than a year ago, signalling a major advance in the country\u2019s digital financial inclusion efforts.<\/p>\n<p>The figures were revealed by Brian Sihlongonyane, Deputy Head of Information Technology at the Central Bank of Eswatini (CBE), during the unveiling of the 2025 State of Inclusive and Instant Payment Systems (SIIPS) Report in Ezulwini.<\/p>\n<p>The event is being hosted by the CBE in partnership with the AfricaNenda Foundation, which leads Africa\u2019s research on real-time and inclusive payments.<\/p>\n<p>Sihlongonyane reported that the EPS has successfully processed 194 000 transactions, representing more than USD 46 million (E856 million) in value since its introduction on December 11, 2024.<\/p>\n<p>The platform allows instant money transfers between banks and mobile money service providers, a first for Eswatini\u2019s financial landscape.<\/p>\n<p>\u201cEight financial institutions have now joined the national payment switch: First National Bank (FNB), Eswatini Building Society, Eswatini Bank, and Standard Bank.<\/p>\n<p>The mobile money providers include E-mali, MTN Mobile Money (MoMo), and InstaCash,\u201d presented Sihlongonyane.<\/p>\n<figure id=\"attachment_5634\" aria-describedby=\"caption-attachment-5634\" style=\"width: 1340px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-5634\" src=\"https:\/\/genesisekucalenimedia.com\/edn\/wp-content\/uploads\/2025\/11\/PAGE-8-Bery-Dieye-Communcations-Director-for-AfricaNedaFoundation-1-300x200.jpg\" alt=\"\" width=\"1340\" height=\"893\" \/><figcaption id=\"caption-attachment-5634\" class=\"wp-caption-text\">\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Bery Dieye Communcations Director for AfricaNedaFoundation<\/figcaption><\/figure>\n<p>In addition, he confirmed that Nedbank Eswatini will officially connect to the EPS on November 15, 2025, following its licence approval on October 27, 2025.<\/p>\n<p>\u201cThe Eswatini Payment Switch connects all participating institutions under one secure network, enabling customers to transfer funds instantly across banks and mobile wallets,\u201d he said.<\/p>\n<p>Worth noting the EPS is designed to simplify real-time, low-cost transfers between different financial platforms, reducing delays and improving access for consumers and small businesses.<\/p>\n<p>\u201cThe EPS forms part of the Central Bank\u2019s broader strategy to modernise the national payment system and expand financial access across all population groups.<\/p>\n<p>Sihlongonyane said the switch has remained stable and secure since going live, maintaining strong performance and regulatory oversight,\u201d said Sihlongonyane. <br \/><br \/>\u201cEvery transaction is processed instantly, with full security and traceability. This has strengthened public confidence in digital payments,\u201d he added.<\/p>\n<p><strong><div class=\"_df_book df-lite\" id=\"5592\"  data-title=\"\" wpoptions=\"true\" thumbtype=\"\" ><\/div><\/strong><\/p>\n<p>He further mentioned that plans are underway to extend the switch to include microfinance institutions, utility companies, and public-sector services, creating a fully connected payment environment.<\/p>\n","protected":false},"excerpt":{"rendered":"By Delisa Magagula Over E856 million worth of transactions have been processed through the Eswatini Payment Switch (EPS)&hellip;","protected":false},"author":1,"featured_media":5633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[21,22,23,24,25,26],"tags":[46,73,48,58],"class_list":["post-5627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-eswatini-daily-news","category-finance","category-future","category-national","category-swaziland","tag-africa","tag-eswatini","tag-feature","tag-national","cs-entry","cs-video-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>E856 mln processed through Eswatini Payment Switch - Eswatini Daily News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E856 mln processed through Eswatini Payment Switch - Eswatini Daily News\" \/>\n<meta property=\"og:description\" content=\"By Delisa Magagula Over E856 million worth of transactions have been processed through the Eswatini Payment Switch (EPS)&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/\" \/>\n<meta property=\"og:site_name\" content=\"Eswatini Daily News\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-12T12:51:03+00:00\" \/>\n<meta name=\"author\" content=\"Eswatini Daily News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Eswatini Daily News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/\"},\"author\":{\"name\":\"Eswatini Daily News\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/#\\\/schema\\\/person\\\/a2e7ad908f0e6606cc49214ec19776de\"},\"headline\":\"E856 mln processed through Eswatini Payment Switch\",\"datePublished\":\"2025-11-12T12:51:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/\"},\"wordCount\":361,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"keywords\":[\"Africa\",\"Eswatini\",\"Feature\",\"National\"],\"articleSection\":[\"Business\",\"Eswatini Daily News\",\"Finance\",\"Future\",\"National\",\"Swaziland\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/\",\"url\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/\",\"name\":\"E856 mln processed through Eswatini Payment Switch - Eswatini Daily News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2025-11-12T12:51:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/#\\\/schema\\\/person\\\/a2e7ad908f0e6606cc49214ec19776de\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/5627\\\/business\\\/e856-mln-processed-through-eswatini-payment-switch\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"E856 mln processed through Eswatini Payment Switch\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/#website\",\"url\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/\",\"name\":\"Eswatini Daily News\",\"description\":\"EDN\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/#\\\/schema\\\/person\\\/a2e7ad908f0e6606cc49214ec19776de\",\"name\":\"Eswatini Daily News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g\",\"caption\":\"Eswatini Daily News\"},\"sameAs\":[\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\"],\"url\":\"https:\\\/\\\/genesisekucalenimedia.com\\\/edn\\\/author\\\/adekunleo\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"E856 mln processed through Eswatini Payment Switch - Eswatini Daily News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/","og_locale":"en_US","og_type":"article","og_title":"E856 mln processed through Eswatini Payment Switch - Eswatini Daily News","og_description":"By Delisa Magagula Over E856 million worth of transactions have been processed through the Eswatini Payment Switch (EPS)&hellip;","og_url":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/","og_site_name":"Eswatini Daily News","article_published_time":"2025-11-12T12:51:03+00:00","author":"Eswatini Daily News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Eswatini Daily News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#article","isPartOf":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/"},"author":{"name":"Eswatini Daily News","@id":"https:\/\/genesisekucalenimedia.com\/edn\/#\/schema\/person\/a2e7ad908f0e6606cc49214ec19776de"},"headline":"E856 mln processed through Eswatini Payment Switch","datePublished":"2025-11-12T12:51:03+00:00","mainEntityOfPage":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/"},"wordCount":361,"commentCount":0,"image":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#primaryimage"},"thumbnailUrl":"","keywords":["Africa","Eswatini","Feature","National"],"articleSection":["Business","Eswatini Daily News","Finance","Future","National","Swaziland"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/","url":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/","name":"E856 mln processed through Eswatini Payment Switch - Eswatini Daily News","isPartOf":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#primaryimage"},"image":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#primaryimage"},"thumbnailUrl":"","datePublished":"2025-11-12T12:51:03+00:00","author":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/#\/schema\/person\/a2e7ad908f0e6606cc49214ec19776de"},"breadcrumb":{"@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/genesisekucalenimedia.com\/edn\/5627\/business\/e856-mln-processed-through-eswatini-payment-switch\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/genesisekucalenimedia.com\/edn\/"},{"@type":"ListItem","position":2,"name":"E856 mln processed through Eswatini Payment Switch"}]},{"@type":"WebSite","@id":"https:\/\/genesisekucalenimedia.com\/edn\/#website","url":"https:\/\/genesisekucalenimedia.com\/edn\/","name":"Eswatini Daily News","description":"EDN","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/genesisekucalenimedia.com\/edn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/genesisekucalenimedia.com\/edn\/#\/schema\/person\/a2e7ad908f0e6606cc49214ec19776de","name":"Eswatini Daily News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cd20c640fc2b77fae5560d5aa1f54a994fbb6bda894b89c7624c9793dc7790d7?s=96&d=mm&r=g","caption":"Eswatini Daily News"},"sameAs":["https:\/\/genesisekucalenimedia.com\/edn"],"url":"https:\/\/genesisekucalenimedia.com\/edn\/author\/adekunleo\/"}]}},"_links":{"self":[{"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/posts\/5627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/comments?post=5627"}],"version-history":[{"count":0,"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/posts\/5627\/revisions"}],"wp:attachment":[{"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/media?parent=5627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/categories?post=5627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/genesisekucalenimedia.com\/edn\/wp-json\/wp\/v2\/tags?post=5627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}