M-PESA Ethiopia has introduced the completion of its integration with EthSwitch, Ethiopia’s nationwide cost community, in a major transfer to deepen monetary interoperability within the nation.
The combination is a significant step for the cellular cash service, which launched in Ethiopia in August 2023. In keeping with the newest information, M-PESA has quickly grown to three.4 million energetic customers within the nation. The platform, which has onboarded over 30,700 retailers, processed 12.3 billion birr in transactions within the six months main as much as November 2025.
This new partnership with EthSwitch connects M-PESA’s rising consumer base with 15 banks and different cellular wallets, with extra monetary establishments anticipated to affix.
The combination creates a totally interoperable system, breaking down limitations between cellular wallets and conventional financial institution accounts. M-PESA Ethiopia defined that its clients can now ship cash instantly from their wallets to any checking account linked to the EthSwitch community. They’re additionally capable of make funds to any retailers utilizing bank-issued EthQR codes.
The interoperability is a two-way avenue. The corporate famous that clients of the 15 accomplice banks, even these with out an M-PESA account, can now ship cash from their cellular banking apps on to any M-PESA pockets. Financial institution clients also can pay M-PESA retailers by scanning M-PESA’s EthQR codes by their very own banking apps.
The announcement confirmed your complete service is powered by EthSwitch’s safe nationwide infrastructure, which ensures that each one transactions are processed in real-time and stay compliant with nationwide monetary requirements.
Companions within the preliminary rollout embody main establishments such because the Business Financial institution of Ethiopia, CBE Birr, Awash Financial institution, Amhara Financial institution, Cooperative Financial institution of Oromia, and Zemen Financial institution, amongst ten others.
In its assertion, M-PESA Ethiopia mentioned the milestone strikes the nation nearer to a linked, inclusive monetary ecosystem. The corporate highlighted its objective of enabling “everybody, in every single place in Ethiopia to transact seamlessly, securely, and conveniently.”
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