Ghana, Rwanda, Singapore launch cross-border payments scheme

Ghana, Rwanda, and Singapore Team Up to Simplify African Payments

Ghana, Rwanda, and Singapore have launched a digital payments system to simplify and lower the cost of cross-border money transfers across Africa.The initiative, dubbed the Next-Gen Digital Payment Infrastructure, was previously known as Project 54. It is a collaboration between the Bank of Ghana, the National Bank of Rwanda, and Singapore’s Global Financial Technology Network, spearheaded by the Monetary Authority of Singapore. Officially intro…

Ghana, Rwanda, Singapore launch cross-border payments scheme

Unveiled at a recent event in Ghana, the Next-Gen Digital Payment Infrastructure project is designed to overhaul existing pan-African cross-border systems. The post Ghana, Rwanda, Singapore launch cross-border payments scheme appeared first on CoinGeek.