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https://papss.com/
Last activity: 28.08.2025
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28.08.2025Unified Payments commemorates 28 years of pioneering fintech innovation in NigeriaUnified Payment Services Limited, Nigeria’s pioneer in fintech and payment technology, rolled out the drums for its 28th anniversary, commemorating nearly three decades of transforming the payments landscape and driving financial inclusion ...
25.08.2025Betaling, bootstrapped to $5.3 million, is tackling the FX bottlenecks that stall 80% of African trade paymentsWith 42 currencies and limited direct convertibility, Africa loses billions to outdated cross-border payment systems. Betaling is changing that by building a stablecoin-powered infrastructure for fast, affordable, and local trade payments. ...
04.08.2025PAPSS and Interstellar Launch African Currency Marketplace to Boost Intra-African TradeThe Pan-African Payment and Settlement System (PAPSS), in collaboration with deep-tech firm Interstellar, has unveiled the PAPSS African Currency Marketplace (PACM). This initiative, announced during the 2025 Afreximbank Annual Meeting in A...
25.07.2025Africa: No more missed opportunities - Strengthening Africa-Caribbean trade and investment in an era of Global Trade DisruptionThe share of bilateral exports between Africa and the Caribbean, despite extensive shared history, has never surpassed 6%, according to an ITC and African Export-Import Bank (Afreximbank) study, leaving much room for growth of up to $2.1 bi...
01.07.2025Empowering Africa: The Rise of Innovative Payment Solutions and StartupsAfrica is on the brink of a financial revolution. Two recent initiatives are setting the stage for a new era of trade and payment systems across the continent. The Afreximbank Flagship Accelerator Program and the launch of the PAPSSCARD are...
01.07.2025Dubai-Based Mercury Payment Services Collaborates With Africa-Based PAPSS to Launch Pan-African Payment Scheme, PAPSSCARD The joint initiative seeks to advance regional financial inclusion and payment...Dubai-based digital payments platform Mercury Payment Services (Mercury) has collaborated with the Pan African Payments Settlement System (PAPSS) -an initiative of the African Export-Import Bank (Afreximbank)- to launch PAPSSCARD, a contine...
01.07.2025Stablecoins could be key in PAPSS’ new blockchain platform for cross-border settlementsOn June 26, the Pan-African Payment and Settlement System (PAPSS), the intra-African payment initiative, launched a new product for real-time cross-border settlements across Africa. The product, called the African Currency Marketplace, will...
03.12.2024Access Bank is building a payment rail to connect Africa’s remittance marketAccess Bank, a tier-1 Nigerian commercial bank present in 22 countries, is building a payment rail, Access Africa, to allow people and businesses to send money across the continent through Access bank accounts. “It’s our proprietary rail th...
17.01.2024WEF2024 Day 2: How can Africa’s economy scale?In 2018, 44 African countries signed the African Continental Free Trade Agreement, which was brokered by the African Union (AU). The AfCFTA aimed to create a single market for goods and services, facilitate the movement of persons, promote ...
19.01.2022New pan-African payment platform empowers SMEs and strengthens local currenciesThis article was contributed to TechCabal by Conrad Onyango/bird A new pan-African payment system removes legacy complexities, including the cost of cross-border payments, bolsters operational efficiencies and sets a new path to more stable...
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