Pan African Payments System: direct vs Indirect Participation

The Pan African Payments and Settlement System (PAPSS) is right around the corner even though there seems to be a lull in anticipating an innovation that looks to revolutionise African payments.

Gone will be the dependency on foreign services that are not precisely attuned to the kaleidoscope of African operating environments.

If the deployment of PAPSS happens, in practical terms, in the ways that it has been theorised; then we should expect a deluge of cross-border competition from entities that may have never imagined they would be directly competing with each.

You should read: Pan African Payments System: Are We Ready As SADC & Startups?