31/07/2026
National Investment Bank PLC (NIB) has launched the Pan-African Payment and Settlement System (PAPSS), reinforcing its commitment to financial innovation and Africa's economic integration.
The event was chaired by Mr. Daniel Nyame, Managing Director of Twifo Oil Palm Plantation Limited. Attendees included members of the NIB Board, the Deputy Managing Director (Support Services), Mr. Thomas Hughes Amissah, staff, and many of our cherished customers.
PAPSS enables faster, simpler, and more secure cross-border payments in local currencies across participating African countries, helping to reduce the delays, high costs, and uncertainties traditionally associated with cross-border transactions.
Through this initiative, NIB aims to support businesses, facilitate trade, and promote economic growth across the continent while offering customers a seamless payment experience.