Onafriq Partners with PAPSS to Launch Cross-Border Payment Services in Ghana

Onafriq partners with PAPSS to launch cross-border payment services in Ghana, targeting SMEs with faster, cheaper transactions across Africa...

✨ Key Highlights

Onafriq has partnered with the Pan-African Payment and Settlement System (PAPSS) to launch cross-border payment services in Ghana, marking a significant shift in Africa's financial landscape.

Official launch of a six-month pilot program approved by the Bank of Ghana, targeting outbound transactions.
Key figures include 961 million mobile wallets and 464 million bank accounts connected across 43 African markets by Onafriq.
The partnership aims to reduce cross-border transaction costs, facilitating real-time transfers and enhancing regional financial integration.

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Financial Developments in Kenya and Ghana

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