A7 To Unveil a Service That Will Re-invent The International Payments Market
The service will cater primarily to foreign trade operators, but individuals are also eligible customers. The fee remains fixed at 0.3 percent.
Moscow, Russia - On October 13th, the Russian international settlement system A7, founded by Bank PSB, is set to unveil A7 International, a groundbreaking service. This innovative platform will allow foreign trade operators and individuals to pay a counterparty's invoice in USDT, with funds directly deposited through a standard SWIFT bank transfer in the required currency.
The service boasts a fixed fee of just 0.3 percent. Key figures involved in the announcement include Petr Fradkov, Chairman of PJSC Bank PSB, and Ilan Shor, CEO of A7, who will present the new offering at 13:13 on October 13th. Interested parties can follow the live broadcast via the provided link: [a7.biz/live](https://a7.biz/live).
A7, a global financial technology company specializing in international payments and settlement solutions, has been operational since 2024 with the collaboration of PSB Bank. The company aims to develop an independent global payment infrastructure spanning over 100 countries, integrating global financial expertise, cutting-edge technology, and stringent regulatory compliance.
A7's portfolio includes international payments, digital financial assets, and promissory notes, with an extensive clientele of 15,000 clients processing around 2,000 transactions daily. Notably, approximately 19% of Russian companies' cross-border trade settlements were processed through A7 in 2025, earning it an AA(RU) credit rating with a Stable outlook from ACRA in October 2025.
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