Regulatory Alerts2026-03-01
Regulation No. 03/2026 Defining Participation and Usage Rules for the Modules of Burundi’s Instant Payment System, Named 'BurundiPay'
The Bank of the Republic of Burundi issued Regulation No. 03/2026 to establish the participation and operational rules for BurundiPay, its national instant retail payment system. The regulation defines access conditions, account structures (direct and indirect), liquidity management mechanisms, and accepted transaction types for banks, postal services, payment institutions, and microfinance entities. It mandates technical certification, fee compliance, and centralized oversight to ensure secure, 24/7 ultra-fast fund transfers, QR-based payments, and real-time dispute resolution across the network.
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