Tag: telebirr

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Ethio Telecom and VISA Partner to Launch Ethiopia’s First Virtual Visa Card, Enhancing Digital Financial Services

Ethio Telecom has announced a strategic partnership with VISA Inc. to introduce the first wallet-based Virtual Visa Card in Ethiopia, marking a significant step...

Mobile Money Titans Clash: Safaricom’s M-PESA Hits 1.2 Million Users in Ethiopia, Challenging Telebirr’s Dominance

In the competitive landscape of Ethiopia's mobile money market, a significant development unfolded with Safaricom's announcement during its 2023/2024 Half Year Results. The Kenyan...

Telebirr Transactions Soar 22.6 Folds to 679.2 Billion Birr

Ethio Telecom's mobile money platform, Telebirr, has seen its transactions soar 22.6 folds to 679.2 billion birr ($2.8 billion) in the latest year. This...

M-Pesa to Launch in Ethiopia in September, Boosting Financial Inclusion

Safaricom, the Kenyan mobile network operator, is set to launch its M-Pesa mobile money service in Ethiopia in September 2023. The launch of M-Pesa...

Mobile money could add $5.3 billion to Ethiopia’s GDP

Monday 3 July, 2023| Central Insights | Mobile for DevelopmentToday GSMA launched its new report Mobile Money in Ethiopia: Advancing financial inclusion and driving growth. The much-anticipated liberalization...

Telebirr launch three financial services

Ethio Telecom launches three service offering from 10-100,000 birr loan credits to its customers. The service was launched in collaboration with Dashen Bank.Ethio Telecom...