PAPSS is highly beneficial to small and medium business owners transacting across borders. The banks will have fewer limitations on the funds they set aside for settlements, thereby unlocking more financial resources for value-added services and initiatives. Notably, these banks will minimise their dependency on scarce hard currencies for transactions between two African markets. At […]
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source https://www.premiumtimesng.com/opinion/612390-breaking-free-of-the-dollar-papss-and-intra-african-trade-by-odewale-abayomi.html