Mozambique Introduces Instant Payment System (SPIM)

On March 11, 2026, Mozambique launched the Sistema de Pagamentos Instante2neos de Moeêambique (SPIM), an electronic payment mechanism designed to enable immediate fund availability to beneficiaries. This system aims to modernize the country's financial infrastructure, facilitating faster and more efficient transactions for both individuals and businesses. The introduction of SPIM is part of a broader digital transformation strategy, which includes recent regulations on data centers and cloud computing, reflecting Mozambique's commitment to technological advancement and financial inclusion.