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PAPSS · Launched 2022
The Pan-African Payment and Settlement System, which clears cross-border African payments in local currency rather than routing them through correspondent banks in USD.
Representative of this rail in this market. Directionally useful, but not a quotable rate, confirm with the provider. Source: Market estimate; PAPSS pricing is set by participating banks.Official site ↗
Payout · percentage component
Rates are step functions: each level holds until it is replaced.
Payout pricing across every country where this method is available, with the cost on a EGP 100.00 payment for comparison.
| 0.5% |
| GMD 0.50 |
| 0.50% |
| 16 Oct 2025 |
| Estimate |
 Ghana | 0.5% | GHS 0.50 | 0.50% | 10 Dec 2023 | Estimate |
 Guinea | 0.5% | GNF 1 | 0.50% | 1 Dec 2023 | Estimate |
 Kenya | 0.5% | KES 0.50 | 0.50% | 3 Mar 2024 | Estimate |
 Liberia | 0.5% | LRD 0.50 | 0.50% | 20 Jul 2025 | Estimate |
 Nigeria | 0.5% | NGN 0.50 | 0.50% | 7 Nov 2023 | Estimate |
 Rwanda | 0.5% | RWF 1 | 0.50% | 23 Oct 2024 | Estimate |
 Sierra Leone | 0.5% | SLL 0.50 | 0.50% | 15 Jun 2024 | Estimate |
 South Africa | 0.5% | ZAR 0.50 | 0.50% | 3 May 2024 | Estimate |
 Zambia | 0.5% | ZMW 0.50 | 0.50% | 27 Jan 2024 | Estimate |
Every recorded change, newest first, with the movement from the rate it replaced.
PSP margin compressed as volume scaled.
In Egypt, on the payout channel: 0.5%, in force since 7 Feb 2024 (estimate). Fees differ by market and channel, and the table above lists each one.
It is priced in 11 markets here: Egypt, Gambia, Ghana, Guinea, Kenya, Liberia, Nigeria, Rwanda, Sierra Leone, South Africa, and others. A market missing from the list has not been recorded yet, which does not mean Mobile money interoperability (PAPSS) is unavailable there.
It is recorded as instant. Actual timing can depend on cut-off times and on the receiving account.
Not through a chargeback: it has no chargeback process, so a payment is hard to reverse once sent. Check who you are paying before you confirm.
Yes. It is a payment method businesses accept, and the fees shown are what a merchant pays to be paid through it.
Gambia