About Us – Somali Payment Switch (SPS)

The Somali Payment Switch (SPS)

is dedicated to revolutionizing the financial landscape of Somalia by providing a comprehensive suite of services designed to enhance interoperability, foster financial innovation, and promote financial inclusion. Our services are crafted to meet the diverse needs of individuals, businesses, and financial institutions, ensuring seamless and secure transactions across the nation.

Our mission

The mission of the Somali Payment Switch is to revolutionize Somalia's financial landscape by providing a comprehensive suite of services that promote interoperability among various payment systems. We are committed to fostering financial innovation and inclusion, ensuring that our services meet the diverse needs of our stakeholders. Through our efforts, we aim to facilitate secure transactions, enhance economic participation, and support the growth of a robust digital economy in Somalia.

Our vision

The Somali Payment Switch (SPS) envisions a dynamic and inclusive financial ecosystem in Somalia that empowers individuals, businesses, and financial institutions through seamless interoperability and innovative financial solutions. We aim to be a catalyst for economic growth, enhancing the quality of life for all Somalis by ensuring access to secure and efficient payment systems.

Our Services

Instant Payment System (SIPS)

Instant Payment System (SIPS) is at the core of SPS's offerings, providing real-time payment capabilities that allow individuals and businesses to transfer funds instantly, 24/7.