How Fidelity Bank PAPSS Is Helping Nigerian Businesses Trade Across Africa
How Fidelity Bank PAPSS Is Helping Nigerian Businesses Trade Across Africa For Nigerian businesses looking beyond the country for customers, suppliers and new markets, one major obstacle has often remained: how to move money across African borders quickly and affordably. Now, a payment system that allows eligible transactions to be initiated in Naira and settled in local currencies is changing how businesses can participate in Africa's growing regional economy. Fidelity Bank PAPSS is a cross-border payment service that enables eligible customers to send money to participating African countries in local currency. A sender in Nigeria can initiate a qualifying transaction…