The East African Community has launched a new phase in its digital transformation agenda with the rollout of an instant payment network pilot linking Rwanda and Tanzania. This initiative connects Rwanda’s RSwitch system with Tanzania’s TIPS platform to create a seamless, real-time payment experience for users across both countries. By enabling direct transfers between banks and mobile wallets, the pilot aims to make cross-border payments faster, more affordable, and more secure.
This development is part of the EAC’s long-term vision to establish a fully unified regional payment ecosystem. Such a system would eliminate the delays and high fees that currently affect cross-border transactions, making it easier for citizens, traders, and businesses to move money across borders. The integration is expected to support small enterprises, reduce remittance costs for workers, and strengthen the digital economy across the block.
Teams from Rwanda and Tanzania are working on interoperability standards, regulatory alignment, governance structures, and cybersecurity measures to ensure the system is scalable and resilient. The pilot is supported by the World Bank through the Eastern Africa Regional Digital Integration Project, which is focused on expanding digital trade and connectivity in the region.
As the initiative progresses, officials expect the network to expand to other EAC member states, laying the foundation for a fully connected regional payments landscape that enhances trade, financial inclusion, and overall economic integration.