Wave says its customers in Senegal and Côte d’Ivoire can now use PI-SPI from their app. In a statement published on 6 November, the operator places this opening within the current week and sets out the pricing terms of the service.
The BCEAO platform enables exchanges between financial institutions. Launched on 30 September 2025, it operates continuously, twenty-four hours a day and seven days a week, according to the central bank.
Free receipt, paid cash withdrawal
At Wave, transfers are free up to a cumulative 8,000 FCFA per day. Beyond that, the operator announces fees of 0.8%, plus applicable taxes. Receiving funds remains free.
Converting these funds into cash is a separate transaction. Wave charges 1% for withdrawing them through an agent and states that its other withdrawals remain free. A beneficiary must therefore distinguish the cost of receiving funds from the cost of withdrawing them.
This opening comes as part of a regional rollout under way for several months. On 2 April 2026, the BCEAO counted 80 connected participants, including 59 banks, nine electronic money institutions, eleven microfinance institutions and one payment institution.
The central bank then noted that 42 other institutions were in the testing phase in the production environment. It asked them to speed up opening to customers and set 30 June 2026 as the deadline for completing connection preparations and ensuring an effective service for customers.