Payments/RW
Rwanda
ISO RW · 3 schemes
Summary
- MTN MoMo dominant (3.2M users)
- QR code sticker labels for merchants
- Irembo government integration
- MoMo API developer access
- Airtel Money competitor
Banking landscape
Central Bank
- Name: National Bank of Rwanda (BNR)
- Website: https://www.bnr.rw/
- Role: Monetary policy, payment oversight
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Bank of Kigali | Local | BK App |
| 2 | I&M Bank Rwanda | Regional | I&M Mobile |
| 3 | Equity Bank Rwanda | Regional | Equity App |
| 4 | Access Bank Rwanda | Pan-African | Access App |
| 5 | Ecobank Rwanda | Pan-African | Ecobank Mobile |
Market Structure
- MTN MoMo: Market leader
- 3.2 million: MoMo customers
- Irembo: Gov integration
- API access: Developer ecosystem
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| MTN MoMo | MTN Rwanda | Mobile money | Dominant |
| Airtel Money | Airtel | Mobile money | Active |
| Irembo | Government | E-services | Active |
| Bank Transfers | Banks | RTGS | Active |
MTN MoMo Statistics
- 3.2 million customers
- Widespread merchant network
- QR code stickers
- API for developers
Irembo Platform
- Government digital services
- Multiple payment options
- MTN MoMo integration
- Airtel Money supported
QR code standards
MTN MoMo QR
| Attribute | Value |
|---|---|
| Provider | MTN Rwanda |
| Format | Sticker labels |
| Use | Merchant payments |
| Access | MoMo App |
MoMo QR Features
- Sticker label design
- Merchant identification
- Scan to pay
- Instant confirmation
MoMo Push (Irembo)
- Click "Pay" button
- Pop-up on phone
- Instant payment
- No extra charges
API Developer Access
- https://momoapi.mtn.co.rw/
- Developer innovation
- Product monetization
- Ecosystem growth
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| MoMo App | MTN | Yes | Full wallet |
| Airtel Money | Airtel | Limited | Mobile money |
| Bank Apps | Various | Limited | Banking |
MTN MoMo Features
- Money transfers
- Merchant payments
- Bill payments
- QR code scanning
- Irembo integration
- API access
Irembo Payment Options
- MTN Mobile Money
- Airtel Money
- Pop-up instant payment
- RWF and USD supported
- No extra charges
Developer Ecosystem
- MoMo API available
- Innovation opportunities
- Product monetization
- 3.2M customer access
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| MoMo QR | Mobile QR | Sticker | 3.2M users | momo-qr |
| Irembo | E-gov | Integration | Active | — |
| MoMo API | Developer | Platform | Active | — |
Sources
- MTN Rwanda - MoMo App
- MTN MoMo - QR Code Business
- Irembo - MTN MoMo Payment
- Irembo - Payment Guide
- Come2Rwanda - Irembo Payment
- IGIHE - MTN API Launch
- Haystack Africa - MTN Instructions
- TemoGroup - MoMo Charges
Full country report
Schemes
Standards
Primary · 1