In the first month of 2022, Ethiopia’s National Switch – EthSwitch, has facilitated more than 10 billion ETB through POS, ATM, P2P, and Interbank transactions.
EthSwitch is the National Payment Switch owned by all banks (private and public) operating in Ethiopia and the National Bank of Ethiopia. EthSwitch has been established mainly to develop and Institute Domestic Payment Scheme, Create Interoperability between financial and payment service providers, and provide Shared Infrastructure/Platforms to Financial Institutes.
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