Ethiopia is now crossing the line to almost join the cash less society. It has now been over three month since the competitive Ethiopian banks introduced an online payment system known as Ethio pay.
The payment system integrates the entire bank’s automated teller machine (ATM) to work as one and allow customers to make any kind of payment online. Hence fallowing this to resolve some errors that might occur during the transaction a pan African information technology solution and service provider, Fintech has now introduced a technology.
The service is said to save Ethiopian banks time and resources in resolving ATM errors, and boost customer satisfaction and also problems regarding the new cheque truncation system.