Pan African Payment and Settlement System
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Implement strategies to sustain increased consumer preference for digital payments – Bawumia

January 19, 2022 Vice President, Dr. Mahamudu Bawumia, has asked African countries to introduce innovative ways and strategies to sustain the increased consumer preference for digital payments. According to...

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January 19, 2022 / Comments (0)

Piloting of Pan African Payment and Settlement System to end in December

August 23, 2021 The pilot of the Pan African Payment and Settlement System (PAPSS) will be completed by December 2021. This is according to the Executive Vice President of the Afreximbank, Denys Denya....

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August 23, 2021 / Comments (0)

African governments urged to ensure smooth implementation of Pan African Payment system

August 11, 2021 African countries have been asked to build an integrated and organized financial mechanism, and allow an independent monetary system, to ensure the smooth and effective implementation of...

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August 11, 2021 / Comments (0)

Current structure of AfCFTA payment platform can delay process – Bawumia

July 28, 2021 The Vice President, Dr. Mahamudu Bawumia, has said the current system adopted by the Pan African Payment and Settlement System (PAPSS) – wherein individual financial institutions are told...

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July 28, 2021 / Comments (0)

President Akufo-Addo endorses African payment system

March 2, 2021 President Nana Addo Dankwa Akufo-Addo has welcomed the decision of the African Export-Import Bank (Afrexim Bank) to pilot the Pan African Payment and Settlement System (PAPSS) in the West...

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March 2, 2021 / Comments (0)