Date Posted

SA’s First National Bank launches cross-border payment platform

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One of South Africa’s (SA) top retail banks, First National Bank has launched a new cross-border payment platform with Mastercard

The platform aims to make remittances and international transfers easier and cheaper.

The Globba platform will help customers looking to send money to other African countries like Zimbabwe, Malawi, Mozambique and Ghana. FNB says it also aims to eventually extend the service across its network in Africa.

–Reuters–