Seamfix has announced a new partnership with the Pan-African Payment and Settlement System, operated by Afreximbank, to deploy a compliance and governance platform aimed at strengthening real-time cross-border payments across Africa.
The partnership, disclosed on Wednesday in a statement signed by the Group Chief Executive Officer of Seamfix, Chimezie Emewulu, introduces PGATE, a compliance and transaction-governance layer built by Seamfix to enhance oversight and transparency within the continent’s payment ecosystem.
He noted that Seamfix and PAPSS will commence joint stakeholder sessions ahead of a planned proof-of-concept with selected central banks and commercial banks.
Emewulu explained that PAPSS is a continental payment and settlement system created to enable real-time cross-border payments in local African currencies. It is backed by Afreximbank and the African Union. Seamfix is a technology company that helps businesses and their customers globally to seamlessly create, verify and access trusted digital identities and services.
According to the statement, PGATE integrates identity data, payment behaviour and regulatory checks into a unified workflow.
The statement explained, “The platform enables central banks, commercial banks and other financial institutions to monitor cross-border transactions in real time, enforce thresholds and detect suspicious activity without disrupting payment flows. PAPSS is expected to drive adoption of the platform across its network of central banks and financial institutions that already process payments in local currencies. Seamfix will build, operate and maintain PGATE under a vendor-financed arrangement.”
Emewulu added that the initiative supports PAPSS’s plan to expand participation in its payment infrastructure and to respond to growing requests from financial institutions for better visibility into identity-linked payment behaviour amid rising transaction volumes across Africa.
“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 added.
He further hinted that PGATE is powered by Seamfix’s Fixiam identity engine and is designed to link customer identities across institutions, detect fragmented transaction patterns, and offer pre-transaction screening, quota governance, consent management, and post-settlement audit trails.
The statement further stressed that the collaboration aligns with broader efforts to simplify cross-border payments under the African Continental Free Trade Area, which seeks to reduce barriers to trade and enable faster and more efficient financial transactions on the continent.
