An Introduction to PAPSS – Pan African Payment and Settlement System
Perficient
JUNE 19, 2025
In existence since just July of 2019, the Pan African Payment and Settlement System (PAPSS) has in many ways surpassed the payment and settlement process of the western banking world. PAPSS enables the efficient flow of money securely across African borders to minimize risk and thereby contributing to financial integration of the African continent. PAPSS core service is provided by the PAPSS Instant Payment system (“PIP”).
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