Aissa Slimani and PayLogic: Driving Africa’s Digital Payment Revolution

Aissa Slimani and PayLogic: Driving Africa’s Digital Payment Revolution

Aissa Slimani, Co-Founder and General Manager of PayLogic, leverages over 27 years of expertise in electronic funds transfer and payment systems to steer PayLogic into the forefront of fintech innovation[1][2]. Under his leadership, PayLogic has architected and deployed critical payment infrastructures across multiple African nations, empowering central banks, commercial banks, and fintechs with seamless, secure, and interoperable electronic payments.

Aissa Slimani: Visionary Fintech Leader

A graduate of Mohammadia School of Engineers and an executive alumnus of Oxford’s Saïd Business School, Aissa began his career as a software engineer in EFT systems before founding Cap Payment Systems in 2006 and later PayLogic in 2010[1]. His technical acumen and industry insight have been pivotal in shaping PayLogic’s solutions architecture and global expansion[2].

PayLogic: A Comprehensive Suite of Payment Solutions

Founded in Casablanca, PayLogic’s mission is to revolutionize digital payment ecosystems by delivering secure, future-ready platforms tailored to banks, central banks, and fintechs[3]. Key offerings include:

  • PayWay Interoperability Payment Switch: A centralized hub for routing transactions from POS terminals, ATMs, mobile wallets, and e-commerce portals, with ISO20022 instant payments and open banking APIs[4].
  • Digital Banking Platform: Agile, omni-channel digital banking solutions enabling challenger banks, neo-banks, and traditional banks to launch modern customer experiences and mobile-first services[5].
  • Instant Card Issuing: On-demand personalization of debit, credit, and prepaid cards via centralized or decentralized branches, reducing issuance time to minutes[6].
  • Fraud and Risk Management: Advanced analytics and rule engines for real-time fraud detection and compliance across payment rails[7].
  • Open Banking & API Management: Secure, standards-based interfaces enabling fintechs and third-party providers to integrate seamlessly with bank systems[4].

Powering National and Regional Payment Infrastructures

Under Aissa’s guidance, PayLogic has successfully implemented interoperable payment switches—branded “LeSwitch” or “EPS”—for central banks and schemes across Africa.

Country / Region Project Description Citation
Lesotho LeSwitch Lesotho National Payment Switch Centralized switch integrating POS, ATM, mobile money, and e-commerce, enabling real-time interbank transactions [8]
Eswatini Eswatini Payment Switch (EPS) Real-time interoperable platform linking banks and non-bank PSPs with ISO20022 instant settlement [9]
Union of Comoros Interoperable Digital Payment Switch (PADSF) National switch under Projet d’Appui au Développement du Secteur Financier, fostering inclusion via cost-effective rails [10]
Madagascar Trésor Public Malagasy Payment Platform Comprehensive payment software for public treasury, digitizing government collections and disbursements [11]
CEMAC Region Fully Interoperable Mobile Switch (GIMAC) Regional mobile switch covering Cameroon, CAR, Congo, Gabon, Equatorial Guinea, Chad for financial inclusion [12]

 

These flagship projects demonstrate PayLogic’s capacity to deliver scalable, secure rails that form the backbone of national financial infrastructures.

Partnerships with Leading Banks and Institutions

Beyond sovereign schemes, PayLogic under Aissa’s stewardship partners with top-tier banks to modernize their payment operations:

  • Palestine Investment Bank: Real-time transaction processing, secure digital payments, and robust fraud prevention for 19 branches across Palestine[13].
  • Arab Islamic Bank: Advanced electronic payment solution enhancing card and mobile services for retail and corporate clients[14].
  • Union Togolaise de Banque (UTB): End-to-end upgrade of electronic payment infrastructure in Togo’s premier bank[15].
  • The National Bank (Palestine): Deployment of PayWay for optimized switching and card operations across 36 branches[16].
  • Banque Malienne de Solidarité (BMS-SA) and BCEAO: Tender wins to upgrade security and interoperability for West African financial systems[14].

Growth, Recognition, and Impact

Since its inception, PayLogic has expanded its footprint to over 33 countries across Africa and Asia, recording nearly USD 10 million in revenues in 2022 with a robust balance sheet[17]. The Financial Times recognized PayLogic among Africa’s fastest-growing companies in both 2024 and 2025, ranking it within the top 3 in Morocco and top 52 on the continent[18].

Aissa Slimani’s stewardship has been instrumental in establishing PayLogic as a trusted partner for central banks and institutions seeking to leapfrog into digital payment maturity. By combining technical excellence, strategic vision, and an unwavering commitment to financial inclusion, Slimani and his team continue to architect the next generation of payment ecosystems across Africa and beyond.

  1. Profile-3.pdf
  2. https://pay-logic.com/invest-bank-partners-with-paylogic-to-enhance-card-issuance-capabilities/
  3. https://pay-logic.com/paylogic-partners-with-fenacobu-to-launch-a-digital-platform/
  4. https://pay-logic.com/interoperable-payment-switch-for-national-or-regioanl-scheme/
  5. https://www.slideshare.net/AissaSlimani
  6. https://pay-logic.com/customer-references/
  7. https://pay-logic.com/banks/
  8. https://pay-logic.com/paylogic-implements-comprehensive-payment-platform-for-malagasy-public-treasury-in-madagascar/
  9. https://pay-logic.com/leswitch-lesothos-interoperable-national-payment-switch-goes-live/
  10. https://pay-logic.com/payment-scheme/
  11. https://www.capterra.ca/software/219147/paylogic
  12. https://pay-logic.com/about-us/
  13. https://www.getapp.com/customer-management-software/a/paylogic-1/
  14. https://pay-logic.com/paylogic-enables-wecashs-financial-digital-transformation-with-interoperable-payment-private-switch/
  15. https://www.linkedin.com/posts/mohamed-mekouar-7b071a6_union-togolaise-de-banque-utb-partners-activity-7239030566640123904-6ygI
  16. https://www.linkedin.com/posts/mohamed-mekouar-7b071a6_the-national-bank-embarks-on-a-digital-transformation-activity-7195182393098391552-9AWn
  17. https://cpl.thalesgroup.com/partners/paylogic-sa
  18. https://pay-logic.com/national-payment-switch/

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