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Ethiopia’s leading payment provider, Chapa, has announced its partnership with Telegram, one of the world’s most popular messaging apps, to enable merchants using Telegram to accept payments from their customers. With over 500 million active users worldwide, Telegram is a trusted platform for communication, and this partnership with Chapa is a significant step towards promoting financial inclusion and digital payments in Ethiopia.
As hundreds of thousands of businesses in Ethiopia are already selling their products on Telegram, this partnership will enable them to accept payments from their customers via mobile money, bank transfers, or debit/credit cards without leaving the app. Chapa is now a part of Telegram’s bot ecosystem, which means bot developers can choose Chapa as their preferred payment processor and enable merchants to accept payments by charging a user on the spot.
The mission of Chapa is to empower Ethiopian businesses to reach the global market, and this partnership with Telegram is a step in that direction. Telegram enabling payments through a chatbot is particularly exciting for users, who can now order and pay for goods and services through a messaging platform. Imagine being able to order a pair of shoes and pay for them with a bot – the possibilities are endless.
As part of this partnership, Chapa is also encouraging merchants to hire bot developers to access the available APIs they need to integrate Bot Payments into any e-commerce platform. This will help businesses in Ethiopia to connect with their users more easily, promoting financial inclusion and digitization in the country.
The partnership between Chapa and Telegram is a significant development in the fintech industry in Ethiopia, and it is expected to benefit merchants and customers alike. With the increased adoption of digital payments in the country, this partnership is a step in the right direction towards a more inclusive and accessible financial ecosystem.
