Disruptions in Banking Operations Due to BEAC's New Payment System SYSTAC 2
The new payment platform SYSTAC 2, launched by the Bank of Central African States (BEAC) on August 3, 2026, is causing significant delays in banking operations across the CEMAC region. Users are experiencing longer transaction times, with bank transfers taking up to two days instead of the usual hours. The BEAC has acknowledged these issues and is working on solutions to improve the situation.
Launch of SYSTAC 2
SYSTAC 2 was officially launched on August 3, 2026, as a new regional payment platform aimed at enhancing the efficiency of banking operations within the CEMAC zone. This system is intended to replace the previous payment system, which had been in place for several years. The BEAC hopes that SYSTAC 2 will ultimately streamline transactions and improve service delivery across member states.
Despite its intended benefits, the launch of SYSTAC 2 has not gone smoothly. Users have reported significant delays in transaction processing, with some bank transfers taking up to two days to complete. This has led to frustration among customers who are accustomed to quicker processing times, highlighting the challenges associated with transitioning to a new system.
Impact on Banking Operations
The disruptions caused by SYSTAC 2 are affecting various banking operations, leading to longer wait times for users. Transactions that previously took a few hours are now delayed, causing inconvenience for both individuals and businesses relying on timely payments. The BEAC has acknowledged these issues and is actively working to address them, although specific timelines for resolution have not been provided.
The central bank has assured users that it is taking measures to mitigate the impact of these disruptions. However, the effectiveness of these measures remains to be seen, as many users continue to express their dissatisfaction with the current state of banking operations in the region. The BEAC's commitment to improving the system will be crucial in restoring confidence among users.
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