No borders
amongst brothers and sisters
You can now trade goods & services in your local currency across African borders with PAPSS.


What is PAPSS?
The Pan-African Payment and Settlement System (PAPSS) is an international payment system and cross-border financial market infrastructure enabling remittance payment and trade between African countries.
How PAPSS Works:
PAPSS ensures instant or near-instant international money transfer between originators in one African country and beneficiaries in another.
An originator issues an international payment instruction in their local currency to their bank or payment service provider.
The payment instruction is sent to PAPSS.
The payment instruction is forwarded to the beneficiary’s bank or payment service provider
PAPSS carries out all necessary validation checks on the payment instruction.
The beneficiary’s bank clears the funds to the beneficiary in their local currency.
An originator issues an international payment instruction in their local currency to their bank or payment service provider.
The payment instruction is sent to PAPSS.
The payment instruction is forwarded to the beneficiary’s bank or payment service provider
PAPSS carries out all necessary validation checks on the payment instruction.
The beneficiary’s bank clears the funds to the beneficiary in their local currency.
An originator issues an international payment instruction in their local currency to their bank or payment service provider.
The payment instruction is sent to PAPSS.
The payment instruction is forwarded to the beneficiary’s bank or payment service provider
PAPSS carries out all necessary validation checks on the payment instruction.
The beneficiary’s bank clears the funds to the beneficiary in their local currency.
Benefits of PAPSS?
How PAPSS Benefits Customers: Corporates, SMEs, and Individuals
Instant/near-instant payments of borderless banking transactions
Zero hassle of currency conversion
Improved working capital through payment certainty and faster transactions.
Reduced cost of cross border payments.
How PAPSS Benefits Participants
Commercial Banks, Payment Service Providers, and other financial intermediaries
Simplified process that reduces the costs and complexities of foreign exchange for cross-border transactions between African markets.
Instant and secure cross-border payment capability to their customers across Africa
A platform that enables innovation in cross-border trade and access to new African markets
How to Get Started
You can now access PAPSS through the channels below
See Branch locations here
- Download and launch the application here
- Select the PAPSS menu
- Complete all necessary fields and upload required documents and then submit for processing
- Download and launch the application here
- Select the PAPSS menu
- Complete all necessary fields and upload required documents and then submit for processing