EthSwitch, Ethiopia’s national payment switch, has inked a Memorandum of Understanding (MoU) with Mastercard, a global payment technology leader, in a bid to drive the digital transformation of the payments sector in Ethiopia. This partnership will enable financial institutions across the country to increase the adoption and usage of digital payments.
By leveraging Mastercard Send, a real-time payment platform that allows people and organizations to instantly send and receive money domestically and cross-border, EthSwitch aims to make digital money transfers more accessible and widely available. The advanced payment solution will deliver a simple and improved user experience,…
