Access Bank Integrates Pan-African Payment, Settlement System Into App

Access Bank Plc said it has integrated the Pan-African Payment and Settlement System (PAPSS) into its mobile application, AccessMore, as part of its move toward seamless intra-African payments. This underscores the bank’s commitment to enhancing cross-border payment experiences for its customers across the continent.

The deputy managing director of Access Bank, Chizoma Okoli, speaking during the chief executive officer of PAPSS, Mike Ogbalu’s visit to the bank to mark the launch, said, “The integration of PAPSS into the AccessMore app is a significant milestone in our mission to unify Africa’s payment landscape.
“With Access Bank’s extensive footprint across the continent, this collaboration ensures that millions of our customers can now experience fast, efficient, and transparent cross-border payments like never before. Our goal is to leverage what we are building to unlock innovations that seamlessly connect the continent, and we are delighted to partner with PAPSS in making this vision a reality.”

On his part, PAPSS CEO, Mike Ogbalu, said, “Our partnership with Access Bank is a game-changer for cross-border trade and payments across Africa. With the integration of PAPSS on AccessMore, we are enabling customers, individuals, SMEs, and corporates alike to transact effortlessly across borders, thereby supporting the goals of the African Continental Free Trade Area (AfCFTA).
“We have created a rail, and Access Bank has the network and customers. Within that, our rail can be used for all sorts of innovations. Access Bank can create products we can carry on our network for every customer.”

Also speaking on the broader strategy, Seyi Kumapayi, executive director of African Subsidiaries at Access Bank, stressed that “Access Bank’s vision is to be the world’s most respected African bank, and collaborations like this are essential to achieving that.

By embedding PAPSS into AccessMore, we’re unlocking a new era of financial connectivity for our customers across our subsidiaries in over a dozen African markets.

“PAPSS is significantly cost-effective for cross-border transactions, which makes it a highly valuable opportunity. We need greater communication, stronger engagement, and coordinated rollouts across multiple countries to fully harness its potential. With the right momentum, we can accelerate adoption and achieve the scale this innovation deserves.”

He noted further that the partnership between Access Bank and PAPSS is a step forward in realising a fully interconnected Africa, where payments and trade move without friction, as customers can now enjoy a simplified, reliable, and faster method to send and receive money across African borders, directly from their AccessMore app.