PAPSS Adoption Promised by CBN for Nigerian Banks in Business Post Nigeria

PAP

PAPSS – the Pan-African Payment and Settlement System is a centralised Financial Market Infrastructure that enables the efficient flow of money securely across African borders, minimising risk and contributing to financial integration across the regions. The organisation collaborates with African central banks to offer payment and settlement solutions that commercial banks and licensed payment service

Absa and Thunes Launch Absa Global Pay for Cross-Border Remittances

Abs

Absa Group and Thunes have announced the launch of Absa Global Pay, a digital remittance solution enabling Absa customers to send money internationally via the Absa Banking App or Absa Online platform. According to the official press release, the service launched on 3 March 2026, with an initial release covering six countries, including the UK,

Paymentology and Chikwama Pay Power Africa’s First WhatsApp-Based Borderless Neo-Bank

Paymento

Paymentology, the leading global issuer-processor, today announces a partnership with Chikwama Pay, a pan-African neobank providing accessible financial services through WhatsApp. Together, they are powering Africa’s first WhatsApp-enabled neo-bank with fully integrated borderless payment processing, bringing secure, seamless, and affordable financial services to millions of underserved people across the Southern African Development Community (SADC). Chikwama

Why Card Payments Are Not Dead: The Rise of Modern Card Issuing Platforms

modern card issuing platform architecture supporting digital cards and tokenised payments

In May 1897, The New York Journal mistakenly reported that American writer, Mark Twain, was gravely ill or near death. Twain’s humorous reply, “Reports of my death have been greatly exaggerated,” has made it into modern speak. It’s the refrain that people or things have prematurely been pronounced dead. For years, the payments industry has been flirting

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Pesalink

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration. The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This

Emirates Expands Payment Flexibility in Kenya Through Cellulant’s Split-Payment Solution

Emirates

Emirates, the world’s largest international airline, has introduced a first-of-its-kind split-payment solution for travellers in Kenya, through a longstanding strategic partnership with Cellulant, Africa’s leading payments technology company. The split-payment capability, enabled by Tingg, Cellulant’s payment gateway, has debuted in Kenya and is expected to roll out to other African markets in the coming months.

Ecobank and Hub2 Expand Digital Payments Access to 200 Million Mobile Wallet Users in Francophone Africa

Ecoban

Ecobank Transnational Incorporated, the leading pan-African banking group, and Hub2, a fast-growing regional fintech infrastructure provider, have signed a Memorandum of Understanding (MoU) to connect Hub2’s network of more than 200 million mobile wallets to Ecobank’s pan-African digital banking platform. The partnership strengthens payment interoperability across Francophone Africa and expands access to secure, low-cost digital

Yango Partners With Flutterwave to Strengthen Secure Digital Payments for Food Delivery and Taxi Service in Zambia

Yango

Yango, the food delivery and taxi service powered by global tech company Yango Group, has partnered with leading African payments technology company Flutterwave to further improve the security and convenience of digital payments for customers ordering meals or taxi rides through the platform. The partnership supports their continued expansion of cashless payment options in Zambia,

Cross Switch Promotes Engineering Head Jacob Yermalitski to Chief Technology Officer

Jacob Yermalitski appointed Chief Technology Officer at Cross Switch

Cross Switch, a payment technology company powering digital transactions across emerging markets, today announced the promotion of Jacob Yermalitski to Chief Technology Officer (CTO). A co-founder of the company, Jacob has helped shape Cross Switch’s technology strategy since its onset, most recently serving as Director of Engineering. Jacob assumes the CTO role from Mike Kenrich,

Dynamic Currency Conversion: Transaction Junction Eliminates Price Hesitation for Global Travellers at Your Checkout

Transaction Junction

Transaction Junction’s Complimentary DCC Platform Removes Currency Friction and Drives Conversions for In-Person and Online Stores. South African retailers are riding a wave of unprecedented tourism growth. In 2025, the country welcomed a record 10.5 million international visitors—a significant 17.6% increase from 2024 and surpassing pre-pandemic levels (Stats SA and Department of Tourism). Projections from