Seychelles Embraces Digital Revolution As Fusepay Ushers Out Paper Cheques

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The era of slow, paper-based business transactions is drawing to a close in Seychelles with the official launch of Fusepay , a new fintech platform focused on frontier markets. Having successfully processed its inaugural live business transaction on November 19, 2025, Fusepay is now deploying a comprehensive digital payments infrastructure in Victoria designed to replace the nation's decades-long reliance on vulnerable paper cheques. This initiative promises faster, more transparent, and significantly more secure methods for businesses-from retail to SMEs-to manage their daily financial flows.

For too long, businesses in the archipelago have been hampered by manual, costly, and fraud-prone payment systems. The reliance on paper cheques-now being phased out by government mandate-created bottlenecks through delays, reconciliation nightmares, and ample opportunity for internal abuse and fraud. Fusepays entry is a direct response to these issues, aiming to eliminate friction and provide Seychelles business owners with financial management tools that align with contemporary global standards.

The centerpiece of the Fusepay offering is a system of virtual business accounts, which enables structured payment management akin to advanced accounts payable and receivable systems. The platform facilitates instant transfers within the Fusepay network and crucially offers post-dated digital payments, serving as a seamless, modern alternative to paper cheques. Looking ahead, Fusepay is integrating inventory and order management features, creating a singular operating environment where financial data is intrinsically linked to day-to-day business operations.

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