Ghanaian startup PAL is an e-money payment infrastructure and liquidity provider acting as an off-ramp for global enterprises and African businesses wanting to innovate cost-effectively within the Francophone Africa market. International businesses based in the UK, US, and Europe can utilise its distinct API to efficiently transfer funds at a reduced cost into mobile wallets, merchant wallets, and bank accounts across Francophone countries. “In West Francophone countries, mobile wallets continue to experience high adoption rates. “This partnership allows us to stand as a super merchant, and swiftly and cost-effectively transfer funds to mobile money wallets across various networks. Our robust infrastructure enables remittances to flow through our platform at highly competitive rates,” said Maël.

Source: The North Africa Journal October 24, 2023 12:00 UTC