Central Bank Rolls Out Payment Modernization Workshop
By: Daniel Mareng Wek
Juba, 2nd June 2025 — A five-day workshop on ATS+ Development aimed at modernizing the country’s payment systems and enhancing efficiency kicked off in Juba on Monday.
The workshop brings together participants from commercial banks, financial institutions, and other key stakeholders to strengthen understanding of the National Instant Payment Systems (NIPS) and its core components, such as the Real-Time Gross Settlement (RTGS), Automated Clearing House (ACH), Instant Fund Transfer (IFT), and Central Securities Depository (CSD).
Mr. David Akum Sabahker, Director of the National Payment Systems, said the essence of the training is to introduce clients to the NIPS developed by the Bank of South Sudan (BoSS).
“In a matter of weeks or months, clients will no longer need to travel to the Central Bank, use excessive fuel, or carry physical checks, which pose security risks. Transactions will be done digitally using scanners from any location,” Sabahker said.
Mr. Sabahker added that the trainees will go on to train others in their institutions, supporting wider adoption of the system. The workshop was attended by the Bank’s Director of Communication and Public Relations, Mr. Nikodemo Majok Arou, along with other technical staff.
The NIPS initiative, launched in 2019, has reached several milestones, including the development of a legal framework for the South Sudan Integrated Payment System and the creation of a dedicated department within the Bank of South Sudan. This department now operates with clear functions under the Central Bank.
