• GROUP
  • CAREERS
  • UBA FOUNDATION
  • OPEN AN ACCOUNT
Close
Ghana
  • Nigeria
  • Benin
  • Burkina Faso
  • Cameroon
  • Tchad
  • RDC
  • Cote d'ivoire
  • Gabon
  • Guinea
  • Kenya
  • Liberia
  • Moçambique
  • Senegal
  • Sierra Leone
  • Tanzania
  • Uganda
  • Zambia
  • France
  • America
  • Mali
  • UK
  • Foundation
  • Alumni
  • UAE
  • France

 

    MENUMENU
    • Internet Banking
      • Personal
      • Business
    • Chat with LEO
    • Personal
      • UBA Business School
        • UBA Business School

          Our Business School provides cutting content for entrepreneurs and small businesses, allowing them to thrive in their respective industries.

      • Personal
        • Personal Banking

          Banking made easier through innovation.

      • Accounts
            • UBA Target Account
            • UBA Teens Account
            • UBA Kiddies Account
            • UBA Next Gen Account
            • Employee Savings Account
            • Lion Prime Individual Account
            • Lion Prime Corporate Account
            • Ruby Current Account Premium
            • Ruby Current Account Classic
            • Domiciliary Advantage Account
            • UBA Bumper
            • UBA Savings Account
            • Dormant Accounts
      • Diaspora Banking
        • Diaspora Banking

          An account which enables Ghanaians living abroad to control their finances back home.

      • Digital Banking
            • Mobile Banking
            • Internet Banking
            • Magic Banking
            • Instant Bills Pay
            • Notification Services
            • Integrity Statement
      • Loans & Payments
        • Loans & Payments

          We help you meet your desired needs and wants by our loans & payment platform.

      • Money Transfer
            • AfriCash
            • Moneygram and Western Union
            • Ria and Wari
            • UBA PAPSS
      • Cards
        • Cards

          Our cards are highly convenient to use anytime.

      • UBA Connect
    • Wholesale
      • Wholesale
        • Wholesale Banking

          Convenient banking options for corporate bodies and institutions.

      • SME Banking
      • UBA POS
      • Cash Management Services
            • Information Management
            • Liquidity Management
            • Payment Services
            • Foreign Exchange
            • Collections
      • Other Financial Products
        • Other Financial Products

          Other financing options available to corporate clients.

      • Trade Services
        • Trade Services

          Trade services offered by UBA Ghana.

    • Investor Relations
      • Investor Relations
        • Investor Relations

          Read more from our Annual Reports and view or download archived reports

      • Rates
      • Tariff Guide
    • Media
      • Media
        • Media

          News, lifestyle articles and financial daily reviews.

      • Photo & Video Gallery
        • Photo & Video Gallery

          Photos & Videos of Our Events and More

      • News & Events
        • News & Events

          Find news from UBA, media mentions and events related materials here.

      • Press Releases
        • Press Releases

          Read our latest articles, surrounding new features and upcoming events for the organization

      • Adesa Newsletter
      • National Essay Competition
        • National Essay Competition

          Win a scholarship to any African University of your choice by participation in our annual essay competition.

    • About Us
      • About UBA (Ghana)
        • Africa’s Global Bank

          Head Office: Heritage Tower Ambassadorial Enclave Off Liberia Road Ridge Accra P.M.B 29, Ministries Accra, Ghana
          Tel: +233 (0) 302 634 060
          Email: cfcghana@ubagroup.com
      • History
        • History

          Learn about our origins, foundations, and beginnings.

      • Leadership
        • Leadership

          The management team of the group is made up of a crop of seasoned and industry-recognized professionals.

      • Moving to Ghana
        • Moving to Ghana

          Ghana is a country of 31.4 million people, comprising dozens of native ethnic groups.

      • Branch Locations
      • ATM Locations
    • Help
      • Help
        • Help

          You Speak, We Listen, We Act.

      • Download Centre
      • Frequently Asked Questions
      • Contact Us
        • Contact Us

          At UBA, we seek to delight all our customers.

  • LOG IN
UBA Ghana

PAPSS at UBA: Simplifying Cross-Border Payments for African Businesses

By ubaghana on June 25, 2024

The Pan-African Payment and Settlement System (PAPSS) is revolutionising cross-border payments in Africa, and UBA Ghana is at the forefront of this transformation. With PAPSS, businesses and individuals can now send money instantly to Guinea, Gambia, Liberia, Sierra Leone, and Nigeria from any UBA branch in Ghana, eliminating the hassles of paperwork, waiting times, and exchange rate fluctuations.

Streamlining Trade Across Africa

Before PAPSS, sending money across borders meant more currency conversions, leading to extra costs.

Consider Mansa, a business owner in Ghana who imports goods from Nigeria. Before PAPSS, Mansa faced numerous payment challenges, including hours spent on paperwork and days of waiting for transaction processing.

Discovering PAPSS transformed her operations. Now, Mansa can make instant payments to her suppliers in Nigeria and receive immediate confirmation. This efficiency allows her to receive goods promptly, contributing to her business’s growth and success. With PAPSS, Mansa saves time and reduces stress, empowering her to expand her business and trade confidently with partners across Africa.

How PAPSS Works

PAPSS offers a seamless and efficient solution for cross-border payments. The platform enables real-time transactions using local currencies, eliminating the need for currency conversions and reducing exchange rate risks and fees. Businesses can make direct payments to suppliers, partners, or customers in other African countries through a simple and intuitive online platform.

Join the Growing Network of Businesses Benefiting from PAPSS

With its seamless and efficient payment system, PAPSS is revolutionizing cross-border trade in Africa. Businesses that adopt PAPSS experience significant benefits, including time savings, reduced stress, and enhanced confidence in trading with partners across the continent.

Visit any UBA branch to discover how PAPSS can streamline your cross-border payments. Trade confidently with partners across Africa, thanks to PAPSS – making cross-border payments easy and seamless.

View this post on Instagram

A post shared by UBA Ghana (@ubaghana)

UBA: Connecting Africa

As a global brand in Africa, UBA is committed to connecting businesses, individuals, and families across the continent. Through UBA Africash, a money transfer service available in 20 African countries, and UBA Connect, which allows customers to operate their accounts in all 20 countries where UBA operates, the bank is facilitating economic growth and development across Africa.

UBA’s dedication to innovation and superior technology is evident in its ongoing efforts to provide seamless financial solutions and services to its customers. Join UBA and experience the ease of cross-border transactions with PAPSS, and discover the numerous benefits of banking with a trusted leader in digital financial solutions.

Posted in News, Press Releases.
Share
←  NewerUBA Ghana Welcomes 44 New Staff Through Graduate Management Accelerated Programme
Older  →UBA Ghana MD/CEO Uzoechina Molokwu Meets with Ghana’s Minister of Finance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related Posts

  • August 22, 2023

    UBA Foundation Pioneers Commitment to Environmental Sustainability, Launches Tree Planting Initiative

    UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has once again taken a remarkable step towards promoting sustainability and fostering Africa’s green revolution. Following the footsteps of the Chairman of UBA Plc, the foundation has reaffirmed its commitment to environmental preservation in line with global efforts to mitigate climate change and …

  • June 27, 2023

    UBA rewards 2022 National Essay Competition winners

    United Bank for Africa (UBA) Ghana has presented a $10,000 educational grant to three winners in its 2022 National Essay Competition in Accra. The ultimate winner, Genevieve Budu of the Ghana International School, took home $5000 while Kenrich Nii Nakai Nettey from the Presbyterian Boys Senior High School (PRESEC) and Cecilia Akye from the Methodist …

  • May 6, 2025

    Gabonese President Honours Tony Elumelu for Championing African Development

    The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu. The distinguished award …

  • June 30, 2021

    UBA GHANA PICKS 3 AT THE 2021 GLOBAL BANKING AND FINANCE AWARDS

    United Bank for Africa Ghana Ltd, Africa’s Global Bank, has been awarded the 2021 ‘Best Banking Group Brand in Ghana’, ‘Best Remittance Bank, Ghana’ and ‘’Best CSR Bank Ghana ‘by Global Banking and Finance Awards in the UK. The announcement which was made in a release and published on their website conferred on the Bank …

  • Helpful Information
    • Savings Account
    • Current Account Classic
    • Cards
    • Trade Services
    • Contact Us
    • Legal
  • Banking With Us
    • Personal Banking
    • Wholesale Banking
    • Digital Solutions
    • Chat Banking
    • Sanctions For The Issuance of Dud Cheques
  • About UBA
    • Business Focus
    • UBA History
    • Board of Directors
    • Achievements
    • Strength & Ratings
    • Branch Locations
  • Resources
    • Shareholders Information
    • CEO's Overview
    • Analyst's Reports
    • GDPC Rules
    • Bank of Ghana
  • Connect
    Download on the App Store Get it on Google Play


UBA Ghana is licensed and regulated by the Central Bank of Ghana.
  • United Bank for Africa. All Rights Reserved.
    • Site Map
    • Terms & Conditions
    • Privacy Policy
  • Internet Banking
    • Personal
    • Business
  • Home
  • Chat with LEO
  • Personal
    • UBA Business School
    • Personal
    • Accounts
      • UBA Savings Account
      • UBA Kiddies Account
      • UBA Teens Account
      • UBA Target Account
      • UBA Next Gen Account
      • UBA Bumper
      • Employee Savings Account
      • Ruby Current Account Premium
      • Ruby Current Account Classic
      • Domiciliary Advantage Account
      • Lion Prime Individual Account
      • Lion Prime Corporate Account
      • Dormant Accounts
    • Diaspora Banking
    • Digital Banking
      • Mobile Banking
      • Internet Banking
      • Magic Banking
      • Instant Bills Pay
      • Notification Services
      • Integrity Statement
    • Loans & Payments
    • Money Transfer
      • AfriCash
      • UBA PAPSS
      • Moneygram and Western Union
      • Ria and Wari
    • Cards
    • UBA Connect
  • Wholesale
    • Wholesale
    • SME Banking
    • UBA POS
    • Cash Management Services
      • Information Management
      • Liquidity Management
      • Payment Services
      • Foreign Exchange
      • Collections
    • Other Financial Products
    • Trade Services
  • Investor Relations
    • Investor Relations
    • Rates
    • Tariff Guide
  • Media
    • Media
    • Photo & Video Gallery
    • News & Events
    • Press Releases
    • Adesa Newsletter
    • National Essay Competition
  • About Us
    • About UBA (Ghana)
    • History
    • Leadership
    • Moving to Ghana
    • Branch Locations
    • ATM Locations
  • Help
    • Help
    • Download Centre
    • Frequently Asked Questions
    • Contact Us
  • Personal
  • Business