EthSwitch Unveils ‘EthioPay’ as Ethiopia’s National Brand for Instant Digital Payments

Date:

Share post:

Keep Up with Addis Insight

Add us to your Google Preferred Sources to see updates first.

Follow Source

EthSwitch, Ethiopia’s national financial switch operator, has officially launched EthioPay, a unified national brand for instant digital payment services. The initiative aims to bring the country’s rapidly expanding digital payment ecosystem under one trusted and recognizable identity.

GUZOFOREX
PRO ACADEMY
Learn Forex. Understand the Markets.
Practical financial-market education built for Ethiopian traders.
START LEARNING →

The brand was unveiled at a launch event held at Friendship Park. Speaking at the ceremony, Solomon Desta, Vice Governor of the National Bank of Ethiopia and Chairperson of the EthSwitch Board, stated that EthioPay is “a national asset built on collaboration.” He emphasized that the platform does not replace banks or mobile money services, but rather integrates them into a common, interoperable framework. Its success, he noted, will depend on collective adoption across the financial sector.

EthioPay is designed as a fully integrated and sustainable digital payment ecosystem, bringing together multiple financial actors and services on a single platform. It will serve as a secure and instant channel for digital payments and money transfers, supporting Ethiopia’s transition toward a modern digital economy.

Solomon further highlighted that EthioPay is nationally owned and positioned to shape the future of Ethiopia’s payment landscape, including future cross-border and regional digital transactions. “Today’s launch unites our digital payment systems under a shared national vision,” he said.

EthSwitch CEO Yilebes Addis explained that EthioPay will cover a broad range of interoperable services, including instant money transfers, mobile banking, e-commerce payments, and card schemes. The platform is designed to be secure, affordable, and widely accessible, enabling broader financial inclusion and digital transformation.

He added that EthioPay marks a shift from fragmented digital finance infrastructure to a unified, reliable, and user-friendly system. The brand identity features a bird symbolizing speed and reach, while its orange color represents energy, dynamism, and continuous movement within the financial system.

The official brand launch follows the initial introduction of the instant payment system during the Ethiopia Digital Payment Conference II held on December 9, 2025.

Addis Insight
Addis Insighthttps://www.addisinsight.net/
Addis Insight is Ethiopia’s fastest growing digital news platform, providing consumers with the latest news from Ethiopia and its diaspora. We provide marketers with innovative opportunities to leverage our stories and overall brand with a fiercely curious and highly engaged audience.

Related articles

Ethiopia’s Immigration Service Sees Massive 10x Revenue Spike

The Ethiopian Immigration and Citizenship Service (ICS) has pulled off a staggering financial turnaround, increasing its annual revenue...

The Post- Ethiopian National Dialogue: A New Hope or Doomed from the Start?

By Eyob Asfaw * For a long time, I used to blog about the Ethiopian affair, lamenting the perpetual...

When Care Ends, Who Takes Over?

“As Leave No Youth Behind reaches the end of its five-year run, the question is no longer onlyhow...

KEFI Halts Ethiopia’s Tulu Kapi Gold Project After Fatal Security Incident.

September 7, 2026 KEFI Gold and Copper has suspended development activities at its Tulu Kapi Gold Project in Ethiopia...