SWIFT’s new Retail Payments Framework is enabling cross-border transfers to arrive in seconds, but Africa is absent from the initial rollout covering 17 countries and 25 payment corridors. The framework, launched with 26 financial institutions, is designed to make international payments faster and more transparent. It offers upfront information on fees, end-to-end transaction tracking and […]
SWIFT’s new Retail Payments Framework is enabling cross-border transfers to arrive in seconds, but Africa is absent from the initial rollout covering 17 countries and 25 payment corridors. The framework, launched with 26 financial institutions, is designed to make international payments faster and more transparent. It offers upfront information on fees, end-to-end transaction tracking and […]
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Source: MyJoyOnline
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