{"id":8875,"date":"2016-06-15T12:37:28","date_gmt":"2016-06-15T12:37:28","guid":{"rendered":"https:\/\/azafinance.com\/?p=8875"},"modified":"2024-07-10T12:38:28","modified_gmt":"2024-07-10T12:38:28","slug":"forbes-elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees","status":"publish","type":"post","link":"https:\/\/azafinance.com\/forbes-elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees\/","title":{"rendered":"Forbes: Elizabeth Rossiello Describes How BitPesa Slashes International Payment Fees","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p>Elizabeth Rossiello, CEO of BitPesa, highlights how her company leverages Bitcoin to reduce international payment fees, particularly in sub-Saharan Africa. BitPesa uses Bitcoin&#8217;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&#8217;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&#8217;s model is opening new business opportunities by making low-cost B2B payments more accessible in Africa. Read it <a class=\"waffle-rich-text-link\" href=\"http:\/\/www.forbes.com\/sites\/laurashin\/2016\/06\/15\/elizabeth-rossiello-describes-how-bitpesa-slashes-international-payment-fees\/#66d4b9ec6475\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"<p>Elizabeth Rossiello, CEO of BitPesa, highlights how her company leverages Bitcoin to reduce international payment fees, particularly in sub-Saharan Africa. BitPesa uses Bitcoin&#8217;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&#8217;s experiences in various [&hellip;]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":4,"featured_media":8876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[569],"tags":[258,177,585,586,400,707,347,262,441,606],"class_list":["post-8875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aza-news","tag-b2b-payments","tag-bitcoin","tag-bitpesa","tag-blockchain","tag-elizabeth-rossiello","tag-financial-technology","tag-fintech","tag-international-payments","tag-remittances","tag-sub-saharan-africa"],"acf":[],"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/8875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/comments?post=8875"}],"version-history":[{"count":0,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/posts\/8875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media\/8876"}],"wp:attachment":[{"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/media?parent=8875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/categories?post=8875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/azafinance.com\/wp-json\/wp\/v2\/tags?post=8875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}