Payments/SL
Sierra Leone
ISO SL · 3 schemes
Summary
- Orange Money QR payments active
- Afrimoney bank interoperability
- Afro Mobile Money QR platform
- 16% adoption mobile money users
- Bank integration enabled
Banking landscape
Central Bank
- Name: Bank of Sierra Leone (BSL)
- Website: https://www.bsl.gov.sl/
- Role: Monetary policy, payment oversight
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Rokel Commercial Bank | State | Rokel Mobile |
| 2 | UBA Sierra Leone | Pan-African | UBA Mobile |
| 3 | Ecobank Sierra Leone | Pan-African | Ecobank Mobile |
| 4 | Access Bank SL | Pan-African | Access App |
| 5 | Sierra Leone Commercial Bank | Local | SLCB Mobile |
Market Structure
- Orange Money: Major provider
- Afrimoney: Africell service
- Afro: Payment service provider
- 16%: Active mobile money
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| Orange Money | Orange SL | Mobile money | Active |
| Afrimoney | Africell | Mobile money | Active |
| Afro Mobile Money | Afro Int'l | PSP | Active |
| Bank Transfers | Banks | RTGS | Active |
Mobile Money Adoption
- Decade+ of availability
- 7 million+ mobile subscribers
- Only 16% active mobile money users
- Growth potential significant
Bank Integration
- Afrimoney bank interoperability
- Transfer to/from accounts
- Major banks connected
- Enhanced convenience
QR code standards
Orange Money QR
| Attribute | Value |
|---|---|
| Provider | Orange Sierra Leone |
| App | Orange Money Africa |
| Feature | QR or merchant number |
| Status | Active |
Orange Money QR Features
- Scan QR at merchants
- Merchant number alternative
- No cash needed
- Instant transactions
- Multi-country app
Afro Mobile Money QR
| Attribute | Value |
|---|---|
| Provider | Afro International |
| Experience | 20+ years in SL |
| Feature | QR Code Payments |
| Cross-wallet | Orange/Afrimoney |
Afro QR Features
- QR code payments
- Cross-wallet transfers
- Orange Money integration
- Afrimoney integration
- #1 PSP in Sierra Leone
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Orange Money Africa | Orange | Yes | Multi-country |
| Afrimoney | Africell | Limited | Bank interop |
| Afro Mobile Money | Afro | Yes | QR payments |
Orange Money Features
- Balance check
- Fund transfers
- Merchant QR payments
- Bill payments
- International available
Afrimoney Features
- Money transfer
- Airtime top-up
- Bill payment
- Salary disbursement
- Bank interoperability
- Daily limit: 15,000 NLe
Afro Mobile Money Features
- QR code payments
- Cross-wallet to Orange/Afrimoney
- Wallet management
- Send/receive money
- 20+ years experience
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Orange Money QR | Mobile QR | App | Active | orange-money-qr |
| Afro QR | PSP QR | App | Active | — |
| Afrimoney | Mobile | Interop | Active | afrimoney |
Sources
- Orange SL - Orange Money
- Africell - Afrimoney
- App Store - Afro Mobile Money
- Orange SL - My Orange App
- Google Play - Orange Money Africa
- Betts Firm - Cash Crisis
- UBA SL - Orange Money
- Orange SL - FAQ