crossborder - eriinfo

Africa

Africa Launches First Card Scheme for Cross-Border Payments

eriinfo.com1 year ago03 mins

TLDR Africa has launched its first pan-African payment card system, PAPSSCARD, aiming to cut dependence on foreign card networks The PAPSSCARD is a joint venture by Afreximbank, the Pan-African Payment and Settlement System (PAPSS), and Mercury Payment Services (MPS) PAPSSCARD will be usable across national borders, reducing the cost of intra-African trade and payment transactions…

Sybrin powers seamless cross-border payments across Africa

eriinfo.com1 year ago05 mins

Sybrin’s Payments Hub addresses legacy limitations. As Africa continues to accelerate its digital transformation agenda, Sybrin reaffirms its commitment to supporting financial institutions in simplifying and securing cross-border payments. With its Payments Hub and integration expertise, Sybrin enables seamless access to real-time, low-value cross-border payment networks across the Southern African Development Community (SADC) and beyond….