Theparkpay Launches App for Cross-Border Payments

Theparkpay Technologies Limited has unveiled a new digital application designed to facilitate cross-border payments for both individuals and businesses. This initiative aims to address the longstanding issues of slow and costly money transfers, which often involve multiple middlemen.

Theparkpay promises that its app will allow users to keep more of their money during transactions. The company has built a robust infrastructure over the years and is now licensed to operate on four major continents, including Canada, where it recently obtained a Payment Service Provider (PSP) license.

Chukwuemeka Akujobi, Director of Risk, Compliance & Enterprise Growth at Theparkpay, stated that the company focused on establishing the necessary infrastructure before launching the app, ensuring real value for customers. Theparkpay aims to become the leading solution for moving money in and out of Africa and globally, with plans for further scaling its operations.