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Pesalink, PAPSS deal cuts currency barriers for Kenya cross-border payments

Pesalink CEO, Gituku Kirika and PAPSS CEO, Mike Ogbalu, exchange partnership documents following the signing of the agreement in Nairobi. [Brian Ngugi, Standard]

Kenya's instant payment network, Pesalink, has partnered with the Pan-African Payment and Settlement System (PAPSS) to enable real-time cross-border transactions in local currencies, advancing President William Ruto's push to reduce African trade dependence on the US dollar.

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