Pan African Payment and Settlement System (PAPSS)

In a major move toward deepening regional trade integration and reducing dependency on third-party foreign currencies, Ghana’s indigenous financial heavyweight, GCB Bank PLC, has formally joined a strategic continental coalition …

Efforts are intensifying to mainstream the use in Ghana of Africa’s first potentially pan-continental debit payments card – the Pan African Payment and Settlement System (PAPSS) Card. The PAPSS Card …

The report by Future of Trade acknowledges that PAPSS holds immense potential to transform intra-African trade by streamlining payments, reducing costs, and boosting efficiency, achieving widespread adoption across the continent …