OmniBSIC Bank partners with PAPSS to enhance cross-border payments
OmniBSIC Bank has announced a strategic partnership with the Pan-African Payment and Settlement System (PAPSS). This collaboration signifies a remarkable milestone for the bank, as it reinforces its commitment to delivering exceptional and innovative banking services to its esteemed customers, while further solidifying the dedication to providing seamless financial solutions. PAPSS is a centralized Financial Market Infrastructure designed to facilitate secure and efficient cross-border money transfers throughout Africa. This innovative initiative, supported by Afreximbank and The African Continental Free Trade Area (AfCFTA), aims to enable instant cross-border payments in local currencies between countries in Africa. As part of this partnership,...
