[DIGITAL Business Africa] – Now in its new premises in Bastos in Yaoundé, the GIMAC continues to record interesting performances. New figures marking its results were presented on September 19, 2023 during the signing of the memorandum of understanding between AfricaNenda and GIMAC in its new premises in Bastos (Face microfinance ACEP Bastos, not far from the Chinese embassy).
Thus, we learned that the GIMACPAY solution developed by GIMAC led by its general director Valentin Mbozo’o processed in eight months (January to August 2023) without major incident 7.5 million transactions for a cumulative amount of 377 billion FCFA.
According to Gimac, this performance was boosted by the transfer and remittance service. An increase of more than 150% in transaction volume and cumulative transaction amount. In 2023, we learn, more than 100 billion CFA francs from outside the CEMAC zone have already passed through the mobile terminals and electronic wallets of the populations of the sub-region.
GIMAC also announces the deployment of 16 new interoperable mobile services by next month (October 2023).
Since 2015, the convergent ecosystem has enabled the Interbank Electronic Payment Group of Central Africa (GIMAC) to process more than 33 million transactions for a cumulative amount of 1,400 billion FCFA CFA.
The GIMAC
The Interbank Electronic Payment Group of Central Africa is a GIE with capital raised to 99.2% by the Bank of Central African States (BEAC). Even if GIMAC now has an extension with new offices in Bastos, its premises within Béac remain and are now dedicated to technical teams.
The main mission of GIMAC is to implement the Interbank Electronic Payment System (SMI) of the Central African Economic and Monetary Community (CEMAC).
The Group ensures the promotion, provision, supervision and regulation of comprehensive interoperability electronic banking services across the CEMAC, through the convergent GIMACPAY ecosystem.
GIMACPAY provides its 93 Participants: Central Bank, credit institutions, national public treasuries, microfinance establishments, payment institutions, mobile money operators, aggregators, with interoperable card, mobile and transfer payment services.
Instantly and inclusively, GIMACPAY connects to date more than 35 million active wallets in CEMAC and allows its holders and holders of GIMAC or international bank cards to benefit from card, mobile services through the ticket of its Participants. and interoperable transfers.
By Digital Business Africa
