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A program initiated by the Reserve Bank to enhance competition and innovation in the payment system.
News published about Payment Ecosystem Modernization Program (PEM)

IT News Africa - Jun 13, 2025
PayU GPO Debuts A2A in Nigeria, Appoints New Country Manager for SA
PayU GPO launched Account-to-Account (A2A) payments in Nigeria. Ryan Engel has been appointed as the new Country Manager for South Africa.
Reserve Bank of South AfricaPayU GPORyan EngelImraan ApplebyPayment Ecosystem Modernization Program (PEM)
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