Inside Eswatini: How a small country is tackling big payments challenges

Inside Eswatini: How a small country is tackling big payments challenges

Although Eswatini—a country of 1.2 million people—is still catching up with more established African central banks, its central bank is overhauling the payment system by building interoperability from the start across all major players. This includes the four commercial banks—First National Bank (FNB) Eswatini, Standard Bank Eswatini, Nedbank Eswatini, and Eswatini Bank—and the newly licenced Building Society, and three mobile money operators, i…