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Wave Joins BCEAO's PI-SPI Instant Payment Network in Francophone West Africa

Unverified — auto-generated summary, not yet reviewedFintech & PaymentsPan-AfricanOct 6, 2026

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Story timeline · 4 entries

Oct 6, 2026This story
Wave Joins BCEAO Payment Network
Wave formally joins BCEAO's PI-SPI instant payment network, expanding interoperability for users across francophone West Africa.
Oct 6, 2026✦ Take
WAEMU Caps Mobile Money Fees
Detailed pricing terms of BCEAO's mandatory free-transfer rule and 0.8% fee cap take effect from November, formally quantifying the commercial shock to the $267B WAEMU payments market.
Oct 5, 2026✦ Take
BCEAO Mandates PI-SPI Interoperability
BCEAO formally mandates PI-SPI participation and revises tariffs, reshaping interbank payment infrastructure across all eight WAEMU markets
Oct 2, 2026✦ Take
Wave Yields to BCEAO Deadline
Fintech unicorn Wave has joined BCEAO's PI-SPI interoperability system, ending its closed-loop payment dominance in the WAEMU zone after the regional central bank held firm on its compliance deadline. BCEAO has published a list of 175 licensed PI-SPI participants as of 30 September 2026, formally defining the authorised landscape for the $267 billion West African payments market.