For all eCommerce transactions in Ethiopia, Zemen Bank has launched an advanced online payment solution gateway with Mastercard’s Payment Gateway Services (MPGS).
The launching ceremony was held on March 29, 20222 to enable E-commerce in partnership with Mastercard which introduces Ethiopia’s first Mastercard Payment Gateway Services (MPGS).
In Ethiopia, Zemen Bank has launched an advanced online payment solution gateway with Mastercard’s Payment Gateway Services (MPGS) for all eCommerce transactions. According to sources, the new world of digital payments solutions is expected to provide alternative possibilities for Ethiopia’s vendors and businesses in many industries to improve their customers’ purchasing experiences by enabling businesses to reach global markets through the payment platform..
The service said to enables payments across a variety of channels, including Web/e-commerce, Mail-order/Telephone-order, Call center/IVR, Mobile/m-Commerce, and featured an efficient online buying process, cost reduction, contactless broaden customer base with flexible payment options, and acceptance of debit, credit, or prepaid cards from both MasterCard and VISA schemes. The model can assist airlines, hotels, travel and tour operators, delivery service providers, and small and medium-sized businesses (SMEs) digital payment systems.
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