Seamfix and PAPSS announce partnership to strengthen cross-border payments across Africa
Seamfix has entered a new partnership with the Pan-African Payment and Settlement System (PAPSS), operated by Afreximbank, to power a compliance and governance platform that supports real-time cross-border payments across Africa.
The collaboration introduces PGATE, a compliance and transaction-governance layer built by Seamfix. The platform links identity, payment behavior and regulatory checks in a single workflow, giving central banks, commercial banks and other financial institutions a unified view of cross-border transactions and helps them enforce thresholds and spot suspicious activity without slowing payment flow.
PAPSS will champion the platform across its network, which includes central banks and financial institutions already sending and receiving payments in local currencies. Seamfix will build, operate and maintain PGATE under a vendor-financed model.
The move supports PAPSS’s push to grow participation and expand services tied to its settlement infrastructure. It also responds to feedback from institutions that want stronger visibility on identity-linked payment behavior as transaction volumes rise across the continent.
