XTransfer expands African SME payments at Seamless Africa 2026

Johannesburg, South Africa - On September 14, 2026, XTransfer, the global leader in cross-border trade payment solutions, announced its participation in Seamless Africa 2026, its inaugural appearance at the event held on September 8-9. The appearance underscores XTransfer's commitment to facilitating secure, legitimate cross-border trade and supporting real-economy supply chains across Africa.

In a statement, Ray Ren, UK CEO of XTransfer, emphasized the company's intention to collaborate more closely with African financial institutions to enhance services for SME trade. By becoming part of XTransfer's X-Net network, banks and payment partners can leverage services including Pay to China, Pay to Global, and Local-Currency Collection, empowering them to support SME clients they had previously struggled to serve effectively.

Together, XTransfer and its partners aim to mitigate cross-border payment obstacles, bolster compliant trade flows, and enable SMEs to confidently participate in Africa's supply chains. As part of its continued expansion across Africa, XTransfer seeks to provide SMEs engaged in international trade with a more streamlined payment experience.

In numerous markets, SMEs encounter significant challenges when making and receiving trade payments, such as intricate processes and delays, which can jeopardize cash flow and disrupt supply chains. In instances where reliable alternatives are scarce, some businesses might resort to informal channels, exposing the ecosystem to avoidable compliance and transparency risks.

To counter these issues, XTransfer collaborates with international and local banks and financial institutions to fortify payment infrastructure and facilitate compliant trade payments. XTransfer's presence at Seamless Africa 2026 also aligns with its recent progress in the Middle East and Africa. In September 2026, the company announced its provisional approval for a Retail Payment Services Licence from the Central Bank of the UAE.

Upon fulfilling pre-issuance requirements, the licence would allow XTransfer to broaden its regulated services in the UAE and provide businesses engaged in international trade with secure, efficient payment solutions, thereby enhancing connectivity across Asia, the Middle East, and Africa.