A7 launches A7 International settlement service on October 13

A7, the Russian international payment system created by Bank PSB, has launched A7 International, a service for international settlements, presented on October 13. Users pay foreign invoices in USDT, which lands as a standard SWIFT transfer in the recipient's required currency, at a flat fee of 0.3%. The service targets companies doing cross-border trade, though private clients can use it too. Petr Fradkov and A7's CEO Ilan Shor gave an overview.

Detected & updated continuously · Source: Nebula