Onafriq Partners PAPSS to Launch Cross-Border Payment Services
5 Articles
5 Articles
For the African states, the dollar dependency is a problem in terms of cross-border trade. On the one hand, because of the lack of foreign exchange and extremely high transaction costs, on the other hand, because of the US dollar's armament by Washington. Alternatives are being sought. The PAPSS system is now to provide a remedy. While US President Donald Trump threatens with retaliation for those countries that want to say goodbye to the US dol…
Onafriq Partners With PAPSS To Launch Cross‑Border Payment Services In Ghana
Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves
Onafriq partners PAPSS to launch cross-border payment services
Onafriq, in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves financial interoperability by making transactions faster, more convenient…
Onafriq and PAPSS launch cross-border payments in Ghana
Onafriq has launched a new cross-border payment service in Ghana in partnership with the Pan-African Payment and Settlement System (PAPSS), aiming to streamline regional money transfers and strengthen intra-African trade. The service, now live, allows partner banks, FinTechs, mobile money operators, and traditional financial institutions in Ghana to enable customers to send and receive funds directly to mobile wallets and bank accounts. This add…
Cross-border payments service launched in Ghana
from RUSSELL ADADEVOH in Accra, GhanaGhana BureauACCRA, (CAJ News) – ONAFRIQ has partnered the Pan-African Payment and Settlement System (PAPSS) to launch cross-border payment services in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves financial interoperability by making transactions faster, more convenient and cos…
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