Skip to main content
Cyber Week Sale - Get 40% off Vantage
Published loading...Updated

COMESA Launches Digital Payment Platform to Cut Trade Costs

COMESA's new digital payments platform enables instant cross-border transactions in local currencies, benefiting micro, small, and medium enterprises that represent 80% of businesses, officials said.

Summary
The Common Market for Eastern and Southern Africa (COMESA) launched its Digital Retail Payments Platform on Thursday to reduce transaction costs by enabling businesses to settle cross-border deals in local currencies, with user trials beginning between Malawi and Zambia.

38 Articles

ReutersReuters
+3 Reposted by 3 other sources
Center

African trade bloc COMESA launches digital payments system

The Common Market for Eastern and Southern Africa has launched a digital payments system to cut transaction costs by allowing businesses to settle deals in local currencies, it said on Thursday.

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 43% of the sources are Center
43% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Biometric Update broke the news in Canada on Tuesday, April 29, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal