Forbes: Elizabeth Rossiello Describes How BitPesa Slashes International Payment Fees
Forbes: Elizabeth Rossiello Describes How BitPesa Slashes International Payment Fees

Forbes: Elizabeth Rossiello Describes How BitPesa Slashes International Payment Fees

Elizabeth Rossiello, CEO of BitPesa, highlights how her company leverages Bitcoin to reduce international payment fees, particularly in sub-Saharan Africa. BitPesa uses Bitcoin’s blockchain technology to bypass traditional banking systems, enabling faster and cheaper transactions without the need for correspondent banks. This approach is especially beneficial in regions with limited infrastructure. Rossiello’s experiences in various global banking environments and her work in microfinance informed her understanding of the inefficiencies in traditional banking systems, driving her to develop a more efficient, technology-driven solution. BitPesa’s model is opening new business opportunities by making low-cost B2B payments more accessible in Africa. Read it here.

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