System 2: BEAC Uses Technology to Fluidize Trade in the Cemac, Gabonreview.com
2 Articles
2 Articles
© DRAfter 4 years of work, BEAC officially puts into service SYSTEM 2, the new electronic clearing house of the CEMAC zone. Objective: to replace a system dating from 2007, deemed obsolete, with a single, centralized and secure platform to accompany growth and Fintechs. Major turning for the financial system of Central Africa. The Bank of Central African States proceeded on 12 August 2026 to the production of SYSTEM 2, the new regional electroni…
On 12 August, the Bank of Central African States (BEAC) announced that, since the 3rd of the same month, Systac 2, the new regional telecompensation platform of the Central African Economic and Monetary Community (Cemac), had been in production, and that it constituted the infrastructure through which retail payments - transfers, levies, cheques and bank cards - were processed between financial institutions in the subregion. It succeeded the fir…
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