In order to improve the ease of doing business in Nigeria and Africa, United Payments (UP) has partnered with the Pan-African Payment and Settlement System (PAPSS).
The collaboration between Nigeria’s pioneer payments and financial technology company and PAPSS is expected to
This is because the Nigerian firm is now the processor of PAPSS co-branded cards under the recently launched PAPSSCARD, the first Pan-African card scheme, enabling banks and deposit-taking institutions to use the services of UP to issue PAPSS co-branded cards and also accept the cards at their outlets, including Automated Teller Machines (ATM) and merchant locations.
Also, United Payments has been appointed as the acquirer of PAPSSCARD for co-branded cards, allowing merchants who are customers of UP to welcome PAPSS co-branded cards as a means of payment for their goods and services.
Furthermore, United Payments is the switch for instant payments across Africa on the PAPSS network. This enables customers of banks and deposit-taking institutions who are clients of UP to send and receive instant payments across Africa
In demonstration of UP’s cross-enterprise alliances and capabilities, United Payments will be the first entity in Nigeria to enable merchants to accept co-branded cards under the PAPSSCARD scheme as means of payment for goods and services at merchants’ locations. This is in addition to enabling instant cross border transaction/fund transfers across Africa.
The company will also accept PAPSSCARD across its networks under the terms of the partnership agreement.
The chief executive of United Payments, Mr Agada Apochi, expressed the excitement of his firm to contribute to the ease of doing business in Nigeria and across Africa through the partnership with PAPSS.
According to him, this is a testament to the position of United Payments as a shared industry infrastructure and promoter of cross-enterprise alliances.
On his part, the chief executive of PAPSS, Mr Mike Ogbalu, praised the collaborative efforts and outstanding achievements of the United Payments team in delivering a successful Proof of Concept exclusively for the Afreximbank Annual Meetings 2025 (AAM2025) in Abuja. This initiative provided selected guests with the opportunity to experience the PAPSSCARD.