BanffPay Launches Unified Payment Services in Liberia, Accelerating Africa's Digital Economy

BanffPay (Liberia) Limited, a member of the BanffPay ecosystem, has reached a major milestone with the Central Bank of Liberia's approval of its Payment Service Provider (PSP) License. Fully licensed with PSP, Money Remittance, and Foreign Exchange Bureau approvals, BanffPay is authorized to deliver secure, compliant, high-availability digital payment services including digital wallets while advancing its mission to simplify payments for businesses and consumers across Africa.

Already trusted for cross-border remittances and foreign exchange liquidity management, BanffPay has now launched Liberia's first unified Pay-In and Pay-Out API, enabling businesses to connect to multiple payment methods through a single integration.

One API. Every Payment. Endless Opportunities.

For years, businesses in Liberia have navigated multiple integrations, fragmented payment channels, and complex settlement processes to accept and disburse funds. BanffPay changes that. With a single API, fintechs, merchants, NGOs, government agencies, and international organizations can:

• Accept local payments
• Instantly disburse funds
• Automate collections and payouts
• Receive consolidated settlements without managing multiple providers

From e-commerce and marketplaces to payroll, lending, and NGO disbursements, BanffPay delivers the payment infrastructure businesses need to scale and grow.

Built for Africa's Mobile-First Economy. One Integration Across 25+ Markets.

Africa accounts for nearly 70% of the world's mobile money accounts, while card usage in many markets remains below 3%. BanffPay is built for this reality, using a mobile-first infrastructure that connects businesses to local payment rails across countries through a single API.

Liberia marks another milestone in BanffPay's mission to build Africa's most connected payment network. With one integration, businesses can access payments across more than 25 markets spanning West, Central, East, and Southern Africa including:

• Ivory Coast, Senegal, Mali, Benin, Burkina Faso
• Cameroon, DRC, Guinea Conakry, Congo Brazzaville, Gabon
• Uganda, Rwanda, Kenya
• Ghana, Malawi, Gambia, Lesotho, Mozambique
• Nigeria, Togo, South Africa, Zambia, and Guinea-Bissau

Empowering Liberians Through Banffy

This launch also complements Banffy, BanffPay's consumer super app, giving Liberians access to world-class financial services and enabling freelancers, creators, businesses, families, and entrepreneurs to participate fully in the global digital economy.

Through Banffy, users can:

• Open global USD, CAD, and NGN accounts
• Send and receive money locally and internationally
• Receive instant cross-border remittances
• Make local payments
• Access lifestyle and financial services — all from one app

Our mission has always been to simplify payments and connect people and businesses across borders. With the launch of our unified payment solution for businesses, we are empowering consumers through the Banffy Super App while providing businesses with a single API that simplifies collections and payouts. Liberia now joins more than 25 African markets where businesses can securely accept payments, send payouts, and settle seamlessly through one trusted platform.

Ready to scale across Africa?

One API. One Integration. 25+ African Markets.

🌐 www.banffy.com | 📧 care@banffy.ca