Cross-border payments accelerate under Africa’s PAPSS system

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Video Summary

A growing number of African businesses are using the Pan African Payment and Settlement System (PAPSS) and other fintech platforms to settle trade in local currencies. Faster transfers, lower costs and expanding digital tools are transforming intra-African commerce, though experts warn that cybersecurity and harmonised regulations remain essential.. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY. Facebook: https://www.facebook.com/cgtnafrica/.

Video Details

Source: Global Business

Publication Date: 2025-12-02T08:29:47Z

Original Link: Watch the video on YouTube

Full Description

A growing number of African businesses are using the Pan African Payment and Settlement System (PAPSS) and other fintech platforms to settle trade in local currencies. Faster transfers, lower costs and expanding digital tools are transforming intra-African commerce, though experts warn that cybersecurity and harmonised regulations remain essential.

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Doing business in Africa or the Middle East today with Rahizi!

Do you have an entrepreneurial project for Africa or the Middle East and need to create your company online from home? Fill in this form!

if you have no idea, leave blank.

Check this box if you have already established your company in one of the countries on the list

In +xxxxx format