Russian Digital Payments and A7 Cross-Border Services in Africa

Five years ago, we used USD and euro

for Russian foreign trade. Right

now, Russian banks, together with

their partner banks from other countries as well as non-banking financial

institutions,

have migrated to cutting-edge digital

technologies, and they can carry out payments across the

world

without

resorting to the Western system, which is, uh, inefficient,

which is expensive, which is fraught with risks.

We have fully migrated to this new digital system, and we are happy

to share with you

both our banks, our non-banking institutions.

You know,

there's A7, the

company which is present here.

It can offer you services

in cross-border payments in

Africa, in particular. The payments, well, they take just

one click at just point three percent

of the transaction. That's the cost, and which is, uh,

minuscule.

Yes, it's very high-tech,

very convenient, very

user-friendly,

online.

Instantaneously, you can wire your money, uh, convert

it in different currencies, wire that to where you need.

All of that is fully transparent,

in full compliance with international law.

Well, no one gets offended. You know,

we are not trying to switch currencies.

It's just what we do.

Digital currencies, they are developing everywhere.

So why not Africa? Why not join this

system, which is gonna be fully sovereign?

You're not gonna be shackled by anyone.

No one will be able to shatter access for you

because from the point of view of modern technology, it is impossible to block such

type of transactions.