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MFS Africa: Joins the Pan-African Payment and Settlement System network | Fintech InShorts: Latest fintech news, analysis by experts

MFS Africa: Acquires US-based Global Technology Partners

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MFS Africa: Joins the Pan-African Payment and Settlement System network

By Laura M

February 28, 2022

MFS Africa: Joins the Pan-African Payment and Settlement System network

MFS Africa connects mobile money users and service providers, providing access to simple, secure, affordable
Announces that it has joined the Pan-African Payment and Settlement System (PAPSS) network
The newly established African cross-border and financial markets infrastructure facilitating the payment
Extend the reach of the PAPSS network to over 320 million mobile money and last-mile users across 35 African markets
The partnership will empower the millions of semi-formal small and micro-African businesses who are too often left behind
The interchangeability of African currencies is still very limited after decades of independence