UBA Group Launches PAPSS for Cross-Africa Money Transfers

UBA Group, in collaboration with the Pan African Payment and Settlement System (PAPSS), has introduced a groundbreaking initiative called #NigeriaSend, enabling users to send and receive money seamlessly across Africa in Naira with #PAPSS.
This innovative service allows for efficient transactions in several African countries, including Ghana, Gambia, Guinea, Liberia, Sierra Leone, Kenya, Rwanda, Zambia, Zimbabwe, Malawi, and Djibouti, with more nations expected to join in the future..

The partnership between UBA Group and PAPSS signifies a significant step towards enhancing financial inclusivity and cross-border trade within the African continent.
By facilitating the transfer of funds in local currencies, this initiative aims to streamline payment processes and promote economic growth across various African markets.
With the increasing need for secure and convenient financial services in Africa, the introduction of #NigeriaSend demonstrates a commitment to fostering regional integration and boosting financial connectivity..

Furthermore, the introduction of #NigeriaSend highlights the growing trend of digital transformation in the African financial sector.
As technology continues to revolutionize the way transactions are conducted, initiatives like this pave the way for a more interconnected and digitized financial ecosystem across the continent.
By leveraging innovative payment solutions, UBA Group and PAPSS are at the forefront of driving financial innovation in Africa and promoting cross-border financial transactions..

The implications of #NigeriaSend and the partnership between UBA Group and PAPSS are promising for the future of financial services in Africa.
As more countries adopt this seamless payment system, the potential for increased financial inclusion, economic development, and regional cooperation becomes more tangible.
This initiative sets a precedent for other financial institutions to collaborate and develop innovative solutions that address the unique challenges and opportunities present in the African market, ultimately contributing to the continent’s economic growth and prosperity..