Tunisian central bank joins Pan-African payments system, boosting regional integration

By : redaction

Date : mercredi, 14 février 2024 19:13

The Pan-African Payment and Settlement System (PAPSS) announced on Monday the addition of the Central Bank of Tunisia (BCT) as its thirteenth member, bolstering efforts to facilitate seamless cross-border payments and promote financial integration across Africa. This move reflects the BCT's aim to support economic growth in Tunisia and the wider region by offering Tunisian businesses and citizens benefits like improved payment efficiency, reduced transaction costs, and expanded opportunities for intra-African trade and payments.


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