Paysafe Partners with Ethiopian Airlines to Enable Mobile Payments

Ethiopian Airlines, one of the largest airlines in Africa, has partnered with Paysafe, a global payments provider, to offer customers the option of paying via Skrill and NETELLER digital wallets. Ethiopian Airlines (Ethiopian) customers can now use their Skrill and NETELLER digital wallets to book outbound flights from Qatar, United Arab Emirates, Lebanon, Kuwait, Saudi

Direct Pay Online Gains Security Certification in 12 Countries Across Africa

Direct Pay Online Group (DPO) is the first payment service provider (PSP) in Africa to receive the Payment Card Industry Data Security Standard (PCI DSS) Level 1 certification in 12 African countries. This comes after the successful completion of comprehensive audits in the Group’s global headquarters and all its other markets which include Kenya, Tanzania,

FinTech is Accelerating the Digital Transformation of Banking in Africa

FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and the leading banks on the continent are now more urgently seeking to harness technology innovations, collaborate with FinTech start‐ups, and create a platform to scale much faster – to make digital financial services pay. Across Africa huge game‐changing

Commercial Bank of Ethiopia Expands ATM Network to Improve Channel Management

NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of 200 new NCR SelfServ™ ATMs together with NCR APTRA™ Vision, a multi-vendor ATM management system that offers an accurate view of the banks entire self-service

Commercial Bank of Ethiopia Expands ATM Network to Improve Channel Management

NCR Corporation, a global leader in omni-channel solutions, announced that Commercial Bank of Ethiopia (CBE), the largest bank in the country, is expanding its ATM network with the addition of 200 new NCR SelfServ™ ATMs together with NCR APTRA™ Vision, a multi-vendor ATM management system that offers an accurate view of the banks entire self-service

Kifiya Works With Mastercard To Launch First International Remit To Pay Service In Ethiopia

Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location in Ethiopia. The partnership will impact millions of Ethiopian citizens living abroad, as well as those living in the East African country. The digital solution,

Kifiya Works With Mastercard To Launch First International Remit To Pay Service In Ethiopia

Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location in Ethiopia. The partnership will impact millions of Ethiopian citizens living abroad, as well as those living in the East African country. The digital solution,

HomeSend, Mastercard Aim to Transform the $3bn Remittance Industry in Ethiopia

HomeSend and the Commercial Bank of Ethiopia (CBE) announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country. Launched in 2014, HomeSend is a joint venture of Mastercard, eServGlobal and BICS that enables business

Ethiopians to Use One ATM Card Across all Banks

The National Bank of Ethiopia (NBE) has announced that by the end of this fiscal year, Ethiopians would be able to use one ATM and cheque across all banks in the country. Teklewold Atnafu, NBE Governor, said this week that the new system has been finalized and is ready to be implemented. According to Fanabc,

Standard Bank Consolidates its East African Presence

Standard Bank Group has expanded its already extensive East African footprint with the official opening of a representative office in Ethiopia. This means that Standard Bank, which is Africa’s largest bank by assets, has a continent-wide footprint in 20 African countries. The representative office, which is based in Addis Ababa, was opened by Standard Bank