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Six Ways To Eliminate Payment Barriers And Improve Your Global Manufacturing Strategy

As a manufacturing business operating in a global economy, cross-border payments are an inevitable part of your operations. However, cross-border transactions can be complex, time-consuming, and costly, creating payment barriers that hinder the expansion and success of your business. You can eliminate these payment barriers and improve your global manufacturing strategy by partnering with a […]

Five Ways Manufacturing Companies Can Benefit From A Cross-Border Payment Provider

Manufacturing companies can take advantage of several methods to simplify their payment process and minimize transaction costs. One of the best ways to achieve this is by partnering with a cross-border payment provider. These providers offer several benefits to help companies manage their international payments and transactions better.  Here is a breakdown of five ways […]

PAPSS: What It Is, Benefits, and How It Works

Cross-border trading is high on the agenda, with the African Continental Free Trade Area (AfCFTA) agreement now a reality. PAPSS, or the Pan-African Payment and Settlement System, is primed to facilitate the expected increased volumes of cross-border payments. PAPSS is a cross-border financial market infrastructure enabling payment transactions across Africa. It addresses the historical challenges of making payments across […]

4 Ways Remittances will Change in the Post-COVID Era

4_Ways_Remittances_will_Change_in_the_Post_COVID_Era

It would be an understatement to say that the coronavirus pandemic has impacted every aspect of life as we know it, including remittances.  At the beginning of 2020, the World Bank had predicted that remittances would increase at an all-time high. A few months into the pandemic, they revised this and reported that they would […]

Navigating Work From Home – AZAwatu Style

Navigating Work From Home – AZAwatu Style

When I applied for the role of Global Head of People at AZA Finance in February 2020, I never envisaged having to join the company in the midst of a worldwide lockdown due to COVID-19. Kicking off this mind blowing experience at AZA Finance remotely in March 2020 (a first for me), it was imperative […]

The New CBN Regulations: Impact on Remittances to Nigeria

The New CBN Regulations_ Impact on Remittances to Nigeria

According to a report by PwC, the Nigerian diaspora sent around $25 billion in remittances back home in 2018, a figure that would only have grown in the subsequent year given that many Nigerians continue to work and build businesses that have operations in their home country and countries abroad. PwC projects that the numbers […]

How an eCommerce Company Grew their Customer Base 30% with BFX

How an eCommerce Company Grew their Customer Base 30% with BFX

THE CHALLENGE Shop Me Away is a Senegal-based eCommerce company, operating for the past 5 years. Shop Me Away was looking to trade XOF for EUR to help pay their suppliers outside Africa. Their major setback when partnering with banks was the long turnaround time for transactions. It took at least 4-8 working days, which […]

May We Introduce…

…The All New BFX After months of hard work, we are proud to announce the launch of the latest version of BFX to make cross-border payments for your business even easier! Send money from Nigeria, Ghana, Senegal, Ivory Coast, Morocco, Uganda, and other African countries all over the world in less than 10 minutes. Our […]

How BFX Helped First Ally Capital Increase Volumes by More Than 50%

How BFX Helped First Ally Capital Increase Volumes by More Than 50%

One week. That’s how long it took First Ally Capital to make international payments from Nigeria to Europe. In today’s fast-paced world, that is simply too long for one transaction. All this changed when they started using BFX, and their payments now reach where they need to in just 24 hours!

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