FACT SHEET Namibia's Instant Payment Solution (IPS)

FACT SHEETNamibia's Instant Payment Solution (IPS)PLATFORM OVERVIEWFull name — Instant Payment Solution (IPS) / Instant Payment Platform (IPP)Operator — Instant Payment Namibia (IPN)Parent body — Bank of NamibiaTechnology partner — NPCI International Payments Limited (NIPL)STATUSPilot testing successfully completed in a live production environment. Phased rollout now underway.PILOT PARTICIPANTSBank WindhoekNampostLetshego Bank NamibiaBank of Namibia (Currency Management and Banking Operations Department)ROLLOUT PHASESPhase 1 — Government-to-Person (G2P)Participating institutions receive and disburse government social grant payments through the platform.Phase 2 onwardsAdditional use cases to be introduced, expanding public access, convenience and financial inclusion.HOW IT WORKSIPN operates strictly as a payment system operator. It does not offer services directly to consumers. Banks, authorised fintechs and e-money issuers provide services to the public through the interoperable platform.KEY OBJECTIVESLower transaction costs for ordinary NamibiansInteroperability across all financial service providersExpanded access for rural and informal economy usersFair competition for fintechs and smaller institutionsLONG-TERM PLANOnce public interest goals are met, the Bank of Namibia will withdraw from direct operations and transfer platform management to the industry.Issued by Instant Payment Namibia (IPN)Contact: Marsorry Ickua — Chief Operating Officer

FACT SHEET Namibia's Instant Payment Solution (IPS)

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Namibian Sun 2026-11-03

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FACT SHEET Namibia's Instant Payment Solution (IPS)

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Namibian Sun 2026-11-03

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