Trust Africa News

FirstBank, PAPSS Ease Africa’s Cross-Border Payments

By Ayomide Otitoju FirstBank and the Pan-African Payment and Settlement System (PAPSS) are helping to simplify cross-border payments across Africa by enabling businesses and individuals to transact using local currencies. For years, transferring money between Nigeria and other African countries has been costly and time-consuming, with transactions often requiring currency conversions and correspondent banks outside…

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