Seamfix, PAPSS partner to strengthen cross-border payments

Seamfix has partnered with the Pan-African Payment and Settlement System (PAPSS), operated by Afreximbank, to drive 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. In a statement, the platform links identity, payment behavior and regulatory checks in a single […]

Seamfix has partnered with the Pan-African Payment and Settlement System (PAPSS), operated by Afreximbank, to drive 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.

In a statement, 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.

It added that 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,” the statement reads.

Group CEO of Seamfix Chimezie Emewulu, underscored the importance of the partnership, saying it will enhance transactions via payment gateway.

“Payments move fast across Africa, but trust must move with them. This partnership helps banks and regulators see what they need to see, at the moment they need to see it, without getting in the way of the transaction,” he said.

He added that PGATE draws on Seamfix’s Fixiam identity engine to link customer identities across institutions and detect fragmentation of transactions.

“It offers pre-transaction screening, quota governance, consent management and audit trails that regulators can review after settlements occur.

“The partnership reflects broader efforts to simplify payments under the African Continental Free Trade Area (AfCFTA), making it easier for businesses and individuals to send money across borders without complex currency conversions or delays,” he said.