RSWITCH is the National E-payment switch of Rwanda and driver of the smartcash brand enabling electronic payment settlements, interoperability and other financial solutions in Rwanda.
The company was established in 2003 with a vision to run Rwanda’s electronic payment system and has over the years expanded to serve as a financial interoperable solution company.
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The Government of Rwanda’s Vision 2050 sets forth an objective to achieve the status of an upper middleincome country by 2035 and a high-income country by 2050. At a high-level, the vision emphasizes improved quality of life for all Rwandans with universal access to financial services; modern infrastructure and livelihoods; increased productivity, competitiveness, and jobs; and international cooperation and positioning. Achievement of these goals requires a robust and inclusive financial sector, including a safe, reliable, and efficient payment system.
Developing an interoperable retail payment system requires the set-up of an interoperable scheme and switch. The distinction between a scheme and switch is as follows: •The scheme defines the overarching standards for interoperability, which include (but are not limited to), the business rules, technical standards, revenue splits between participants, common branding, and rules around disputes and customer protection. The scheme is therefore more than just the IT platform / technology itself, as it ...
The vision of the RNDPS is the realization of a cashless and inclusive economy in Rwanda, which is supported by a safe, robust, and efficient payment system. With
The mission of the RNDPS is to accelerate the digitization of retail payments across a range of digital channels and instruments in a cost-effective and ...
