Mozambique: State debt servicing costs rise 6.4% to €628M in first 9M 2024
Mozambique’s SIMO network: New platform goes live today – Noticias
3:55 CAT | 14 Dec 2020
Photo: Notícias
The Bank of Mozambique and Euronet will announce in Maputo today the entry into operation of a new processing solution for electronic interbank payments used by the Sociedade Interbancária de Moçambique (Interbank Society in Mozambique-SIMO), within the framework of the unification of all payment platforms in Mozambique.
Also read: Watch: Bank of Mozambique signs agreement with Euronet – AIM report
No date for new system, admits Central Bank governor
Breaking: Mozambique’s commercial banks decide to pay Bizzfirst to end ATM blackout
The new solution comes into operation about two years after a blackout in the SIMO network’s interbank electronic payment system affected 465,000 domestic and 14,000 international transactions, covering 600 million meticais in value daily and causing long lines at ATMs in almost all banks, except Millenium Bim.
Source: Noticias
Show comments
Also read
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.