On Thursday, November 3, 2022, the 7th Edition of the Regional Monetary Salon of the Interbank Monetary Group of the West African Economic and Monetary Union (GIM-UEMAO) was held in Dakar (Senegal). Held over two days, the event took place on the sidelines of the GIM-UEMOA Regional Conference and focused on the transformation of UEMOA payments and financial services and the related issues of security and the fight against fraud.

The 7th Edition of the GIM-UEMAO Regional Monetary Show revolved around the theme of Transforming payments towards an “ecosytem centric” model. Indeed, the “GimPay” was developed by Gim-UEMAO with the aim of facilitating, catalyzing and federating an open payment ecosystem. In reality, the Covid-19 pandemic has accelerated the use of technology, particularly digital technology, in the daily lives of businesses and individuals. This rule has also taken into account the electronic payment sector and has seen a meteoric rise.

In the eight UEMOA countries, according to the statement of the Director General of GIM-UEMOA, Minayegnan Coulibaly, “consumers are in favour of electronic wallets. These include mobile money and the prepaid card.” Thus, he launched an appeal to all actors (Banks, Microfinance, Electronic Money Institutions, Fintech, international networks, technology providers and other financial institutions), urging them to join the “GimPay” open ecosystem.