In today’s interconnected economy, cross-border payments are the arteries of global trade, remittances, and digital commerce. Yet, for all their importance, they remain complex, slow, and expensive especially for developing regions. As Africa’s digital economy grows and national switches evolve, now is the time to rethink the future of cross-border payments. 🚧 Challenges in Cross-Border Transactions Despite advances in fintech, many persistent challenges remain: High Costs : Especially in remittance corridors to sub-Saharan Africa, transaction fees can exceed 7–10% . Settlement Delays : Payments can take days due to multiple intermediaries and time zone differences. Lack of Transparency : Senders and receivers often don’t know how much will be received or how long it will take. Regulatory Fragmentation : Differing AML/CFT standards, currency controls, and compliance regimes add friction. Limited Interoperability : National switches and payment systems often oper...