There are signs that South Africa’s transition to a cashless environment could happen quickly. Locally, QR code app-based payment services such as Zapper and SnapScan already have over 50 000 merchants across South Africa. In addition, Samsung Pay launched in August 2018.
New item has been created. View it here
2More
za_regenesis_of_payments_July2019.pdf - 0 views
-
SnapScan revolutionized the South African mobile payment market. However, I believe that they're going to face many challenges in the future because they need to cope with the new competition. They need to control the market by making their idea more unique because the QR code idea is now available in the market, so they need to create a new concept that can help their idea to get more innovative.
1More
Zewdu analysis full thesis after.pdf - 1 views
9More
SnapScan is a ZA based company founded in 2013 - 2 views
-
SnapScan is a mobile payments app, providing South Africans with the most convenient way to pay with their phones. The app was named MTN App of the Year in 2013, and now boasts a network of over 50 000 merchants nationwide, with one million app downloads to date. SnapScan is an easy, affordable and convenient way for merchants to accept payments; as well as a safe, secure and seamless payment option for users. SnapScan combines the agility and speed of a small local startup with the industry knowledge and experience of Standard Bank, Africas biggest bank. As a team, we love solving difficult problems, especially when it comes to making fast, easy mobile payments possible!SnapScan is a product of FireID Payments, part of the FireID group, a set of local startups building elegant solutions to a wide range of difficult and interesting problems.
-
SnapScan combines the agility and speed of a small local startup with the industry knowledge and experience of Standard Bank, Africas biggest bank. As a team, we love solving difficult problems, especially when it comes to making fast, easy mobile payments possible!SnapScan is a product of FireID Payments, part of the FireID group, a set of local startups building elegant solutions to a wide range of difficult and interesting problems.
-
The app was named MTN App of the Year in 2013, and now boasts a network of over 50 000 merchants nationwide, with one million app downloads to date.
- ...2 more annotations...
-
SnapScan is a mobile payments app, providing South Africans with the most convenient way to pay with their phones.
-
MEDICI Analysis Snap Scan was acquired by Standard bank in Dec 2016. It is a product of Firepay which provides a mobile wallet that allows customers to link their cards or load money in their mobile app and pay at the merchants' site by scanning QR code. The app make it an easy, affordable and convenient way for merchants to accept payments and a safe, secure and convenient payment method for users.
-
SnapScan solved a big problem in South Africa but can they solve other future problems? They need to find other problems, so their product doesn't get old.
-
Other issues need to be detected by SnapScan, so their product doesn't get outdated.
-
It is interesting the inclusion that Snapscan has created, and how it has combined speed and safety with the knowledge and experience of Standard Bank.
9More
Events | The 3rd Ethiopia Banking and ICT Summit - 1 views
-
Cyber Security Africa held its 5th Ethiopia Banking and ICT summit of the year, “The 5th Ethiopia Banking & ICT Summit 2018” hosted in Addis Ababa Ethiopia attracting more than 150+ participants from all over the world.
-
EthioPay is an e-payment platform that was meant to target Ethiopians first, but because of its success, it managed to make a place for itself in the Cyber Security Africa event, one that hosts individuals from all over the world.
-
This excerpt is important because it shows the central concern to all fintech businesses, including Ethiopia, being Cyber Security. Ethiopay's participation to the summit reflects the company's willingness to partake in African efforts against aggressions on cyber security.
-
-
"EthioPay – the Unifying e-Payment Platform for Ethiopia"
-
"EthioPay – the Unifying e-Payment Platform for Ethiopia"
- ...1 more annotation...
-
"EthioPay – the Unifying e-Payment Platform for Ethiopia"
10More
Ethiopia: Ethio Pay to Push Visa Cards Out | MFW4A - Making Finance Work for Africa - 2 views
-
The utilisation of Ethio Pay branded electronic cards will harness the hard currency payment to foreign companies, according to the company's management.
-
Currently, over six million people are using ATM Visa cards. Founded in 2011, with a capital of 80 million Br, Eth-Switch facilitated transactions worth 2.9 billion Br in the past fiscal year.
-
The utilisation of Ethio Pay branded electronic cards will harness the hard currency payment to foreign companies, according to the company's management.
- ...2 more annotations...
-
Eth Switch, established by the 17 commercial banks to integrate Automated Teller Machines (ATMs) and Point of Sale (PoS), has already implemented Ethio Pay cards in five commercial banks so far, whereas the remaining are still use visa cards. Until now, the banks have been paying a lot of money for using the trademark of the VISA cards.
-
Eth Switch S.C, the consortium of private banks, is to implement electronic cards belonging to the same brand- Ethio Pay, in all the banks of the country. Eth Switch, established by the 17 commercial banks to integrate Automated Teller Machines (ATMs) and Point of Sale (PoS), has already implemented Ethio Pay cards in five commercial banks so far, whereas the remaining are still use visa cards. Until now, the banks have been paying a lot of money for using the trademark of the VISA cards. The utilisation of Ethio Pay branded electronic cards will harness the hard currency payment to foreign companies, according to the company's management. Currently, over six million people are using ATM Visa cards. Founded in 2011, with a capital of 80 million Br, Eth-Switch facilitated transactions worth 2.9 billion Br in the past fiscal year. Source: All Africa
14More
Ethiopia Mobile Wallet and Payment Market Opportunities Databook 2019 Featuring M-Birr,... - 0 views
-
The mobile payment industry in Ethiopia is expected to record a CAGR of 18.7% to reach US$ 7,818.2 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 18.3% during 2018-2025.
-
The mobile payment industry in Ethiopia is expected to record a CAGR of 18.7% to reach US$ 7,818.2 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 18.3% during 2018-2025.
-
This report provides a comprehensive view on mobile payment / mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in Ethiopia. The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks. It details growth dynamics in 45+ market segments (600+ KPIs) across mobile commerce, mobile P2P transfer (domestic and international remittance), mobile lending, and a range of other payment avenues in Ethiopia.
- ...5 more annotations...
-
-
Companies Mentioned M-Birr BelCash Amole EthioPay YenePay
-
Ethiopia Market Share by Mobile Payment Technology: Provides market share by key mobile payment technologies -
-
Ethiopia Mobile Wallet and Payment Market Opportunities Databook 2019 Featuring M-Birr, BelCash, Amole, EthioPay, YenePay
-
Report ScopeThis report provides in-depth market opportunity analysis and growth dynamics of mobile payment industry in Ethiopia. Below is a summary of key market segments:Market Size and ForecastMobile payment and mobile wallet market size and forecast across 45+ markets segments on three essential KPIs - mobile payment transaction value, volume and average transaction value.
13More
Ethiopay | F6S - 0 views
-
As you may know, Ethiopia well Africa, in general, has skipped the laptop and computer phase of technology straight into the mobile phase of technology this is commonly known as the leapfrog model.
-
Ethiopay is a centralized global payout platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia.
-
Our platform plans to use the leapfrog model to leverage our technology and give the 45 mill users around Ethiopia a new way to manage bills and provide the over 2.5 million Ethiopian diasporas in the United States a way to help their families
- ...4 more annotations...
-
Our Bill-Pay platform concentrates on the core monthly needs such as water, electricity, gas. But we also provide options to purchase Data, manage property payments, and even school tuition fees.
-
Ethiopay is a centralized global payout platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia. As you may know, Ethiopia well Africa, in general, has skipped the laptop and computer phase of technology straight into the mobile phase of technology this is commonly known as the leapfrog model.
-
Ethiopay is an emerging FinTech solution to address the social and economic gaps left by established payment solutions. Deeply embedded in the communities they serve, the founders of Ethiopay have the combination of entrepreneurial drive, technical skill and through the Georgia FinTech Academy, the FinTech ecosystem support to thrive.
-
Ethiopay is a centralized global payout platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia. As you may know, Ethiopia well Africa, in general, has skipped the laptop and computer phase of technology straight into the mobile phase of technology this is com
-
"Ethiopay is a centralized global payout platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia. As you may know, Ethiopia well Africa, in general, has skipped the laptop and computer phase of technology straight into the mobile phase of technology this is commonly known as the leapfrog model. Our platform plans to use the leapfrog model to leverage our technology and give the 45 mill users around Ethiopia a new way to manage bills and provide the over 2.5 million Ethiopian diasporas in the United States a way to help their families. Our Bill-Pay platform concentrates on the core monthly needs such as water, electricity, gas. But we also provide options to purchase Data, manage property payments, and even school tuition fees."
10More
Ethio-Pay Celebrates Official Launch, Finally - 1 views
-
“What makes Ethio Pay profitable is not the number of ATMs; it rather is the large numbers of users. Our concern now is to work on promoting the system for increased customer involvement,” said Bizuneh.
-
After last month’s unofficial launch of Ethio-Pay, customers of other banks complained that the Bank of Abyssinia’s (BoA) ATMs did not provide service for other cards; guards of some branches unaware of the complete switch operation were seen forbidding customers from trying their cards at the ATMs.
-
The switch does not treat banks that have fewer ATMs any differently than those with larger networks in place. In fact, the system enables hosted members, banks without their own payment switches, to issue ATM cards without having to invest in a network of machines. It is also open to the integration of newcomers in the future without additional payments for letting their customers transact on other ATMs, the CEO added.
- ...4 more annotations...
-
It is all a result of low disclosure on the system start-up. We were among the banks engaged in the pilot phase,” said Yoseph.
-
After last month’s unofficial launch of Ethio-Pay, customers of other banks complained that the Bank of Abyssinia’s (BoA) ATMs did not provide service for other cards; guards of some branches unaware of the complete switch operation were seen forbidding customers from trying their cards at the ATMs. Oddly enough, 16pc of the amount transacted took place through BoA’s Machines.
-
The belated national e-payment switch, Ethio-Pay, serving the integration of Automated Teller Machines (ATMs) and Point of Sale (POS) machines, celebrated its official launch on May 12, 2016.
-
“We have our own regulation to solve possible audit dispute between banks. We also have a system to prove the audit’s accuracy,” said Bizuneh Bekele, CEO of Eth-Switch S.C.
4More
EthioPay: About | LinkedIn - 1 views
-
While other platforms are a one-size-fits-all, Ethiopay isn’t. We support the unique payment needs of Ethiopians including payments for school fees, telecom, utility bills and other needs that are close to your heart.
-
Ethiopay offers a variety of services that individuals require on a daily basis so I consider it as really innovative to regroup all these services in one platform. Their customer target can be households who need to pay their utilities fees or students who need to pay their fees.
-
This is very innovative for the Ethiopian population since it will facilitate many things for them. Most of the popuation lives in rural areas where they can't access important services such as paying school fees or utilities because they are very far. Now, only through your phone you can pay all of these services from anywhere in the world.
10More
Ethiopay Places in the Top 25 Undergraduate Teams for e-Fest - Entrepreneurship and Inn... - 3 views
-
Their website allows individuals from North America and Europe to send payments for electricity bills, health insurance, school fees, and more to individuals in Ethiopia. Ethiopay fits the unique financial technology needs of Ethiopians. They hope to help Ethiopians in the diaspora reach individuals at home by providing seamless payments. Hadgu and Yohannes entered this year’s competition to share their innovative venture and gain exposure.
-
Their website allows individuals from North America and Europe to send payments for electricity bills, health insurance, school fees, and more to individuals in Ethiopia. Ethiopay fits the unique financial technology needs of Ethiopians. They hope to help Ethiopians in the diaspora reach individuals at home by providing seamless payments. Hadgu and Yohannes entered this year’s competition to share their innovative venture and gain exposure.
-
This excerpt is important because we can see that the goal of this fintech company is to increase growth and meet customers' needs especially Ethiopian customers from all over the world. Additionally, They found a fundamental solution to several financial services issues that the Ethiopians used to face.
-
-
They are a centralized global payment platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia. Ethiopay co-founders Daniel Hadgu (B.B.A. ‘20) and Minas Yohannes (B.B.A. ‘20) are Eritrean descent while Michael Gizachew is of Ethiopian descent and they all struggled to send funds between the U.S. and their family abroad. Together they created a way to affordably and efficiently transfer money overseas.
- ...1 more annotation...
-
Co-founder Daniel Hadgu states, “In my journey of understanding what it truly means to help others and become an effective leader, I have uncovered the power of innovation.”
-
"Their website allows individuals from North America and Europe to send payments for electricity bills, health insurance, school fees, and more to individuals in Ethiopia. Ethiopay fits the unique financial technology needs of Ethi"
-
Ethiopia aims to resolve Ethiopian citizens' rising global challenges. Hadgu and Yohannes are excited to join the race next year to end in the hopes of taking home the Georgia State University and Ethiopay trophies.
3More
http://etd.aau.edu.et/bitstream/handle/123456789/17174/Ayalew%20Lake.pdf?sequence=1&isA... - 3 views
-
-
-
-
What I conclude is that EthioPay payment service offers numerous advantages for both banks and customers, while the low level of customer acceptance of interbank electronic payment services is noted in Ethiopia. However, this electronic payments service cannot deliver the intended benefits unless it is used by commercial banks.
-
9More
Ethiopay - EthSwitch S.C - 2 views
-
Ethiopay is a four-party scheme, in which the issuer and acquirer are different entities, and is open for all payment institutions to join and issue their own cards. There are no limitations as to who may join the scheme, as long as the requirements of the scheme are met.Ethiopay Card schemes enables a simplified and guaranteed exchange of money between merchants, customers and their banks, by operating national & international networks and setting uniform standards.More specifically, Ethiopay defines rules for the routing of payment authorizations and settlement requests in point-of-sale and e-commerce transactions between merchant acquirers and card issuers, as well as ATM withdrawals or purchases with cashback transactions.
-
Eventhough EthioPay has no limitations when it comes to who joins the scheme, it has certain payment authorizations which prevent risks.
-
This excerpt is important because it presents the Ethiopay Card, a core product of the Ethiopay company. Through the Ethiopay card, Ethiopay attempts to circumvent risks by setting setting standards and payment authorizations.
-
-
Ethswitch is the owner of Ethiopay-Ethiopia’s domestic Card Scheme. Ethiopay is developed for all banks in Ethiopia to issue and acquire payment cards.
-
Ethiopay is a four-party scheme, in which the issuer and acquirer are different entities, and is open for all payment institutions to join and issue their own cards. There are no limitations as to who may join the scheme, as long as the requirements of the scheme are met.Ethiopay Card schemes enables a simplified and guaranteed exchange of money between merchants, customers and their banks, by operating national & international networks and setting uniform standards.More specifically, Ethiopay defines rules for the routing of payment authorizations and settlement requests in point-of-sale and e-commerce transactions between merchant acquirers and card issuers, as well as ATM withdrawals or purchases with cashback transactions.
- ...1 more annotation...
-
Ethiopay Card schemes enables a simplified and guaranteed exchange of money between merchants, customers and their banks, by operating national & international networks and setting uniform standards.More specifically, Ethiopay defines rules for the routing of payment authorizations and settlement requests in point-of-sale and e-commerce transactions between merchant acquirers and card issuers, as well as ATM withdrawals or purchases with cashback transactions.
3More
Find a Doctor - Book online instantly - DabaDoc - 0 views
-
What is DabaDoc DabaDoc is an online platform which allows patients to easily find and book an appointment with an available doctor nearby that meets their needs at any time and on any device. Doctors listed on DabaDoc can optimize their schedule and interact with their patients. How do I book an appointment? Simple: select your criteria on the homepage (search by specialty, city, doctor’s name, languages spoken) and select the date and time that suits you for an appointment. Enter your details and in a few seconds your appointment is booked! You need to confirm your identity through an SMS code you receive instantly or by email if no mobile phone is available near you.
-
DabaDoc is immediate, simple and free! DabaDoc is the primary online medical appointment management platform in Africa. this one Platform changes the daily life of specialists and their patients! It optimizes the management of doctors' offices thanks to its multiple integrated functionalities and allows patients to make appointments in a few clicks 24/7 for free through a very simple procedure.
-
-
What is DabaDoc DabaDoc is an online platform which allows patients to easily find and book an appointment with an available doctor nearby that meets their needs at any time and on any device. Doctors listed on DabaDoc can optimize their schedule and interact with their patients. How do I book an appointment? Simple: select your criteria on the homepage (search by specialty, city, doctor’s name, languages spoken) and select the date and time that suits you for an appointment. Enter your details and in a few seconds your appointment is booked! You need to confirm your identity through an SMS code you receive instantly or by email if no mobile phone is available near you.
11More
How BPC and EthSwitch are interconnecting Ethiopian banks - Intelligent CIO Africa - 2 views
-
EthSwitch has an objective to work as international gateway for all banks. When the project is fully completed, over 50 e-Payment products and services will be supported in EthSwitch covering card delivery channels like ATM, POS, mobile, internet, and voice. EthioPay is the brand given to the National e-Payment Switch of Ethiopia.
-
Amongst the future activities is to include mobile as part of the financial inclusion policy. Another active area is the recent launch of the domestic card called EthioPay. Across a national population of 100 million, there are 2.5 million card holders and 40 million mobile users. Sufficient opportunity for Bekele and his team in the time to come.
-
Since May this year the number of inter-bank transactions has been growing. This is expected to increase as the Ethiopian population becomes aware of the interoperability and ease of use of using cards in any bank’s ATM machine. Along the way there have been some transactions declines due to connectivity failures and those limitations are being addressed
- ...2 more annotations...
-
List of banks connected to EthioPay National Bank of Ethiopia Abay Bank Addis International Bank Awash International Bank Bank of Abyssinia Berhan International Bank Bunna International Bank Commercial Bank of Ethiopia Cooperative Bank of Oromia Dashen Bank Debub Global Bank Development Bank Enat Bank Lion International Bank Nib International Bank Oromia International Bank United Bank Wegagen Bank Zemen Bank
-
EthioPay is the brand given to the National e-Payment Switch of Ethiopia.
4More
Ethiopia Mobile Wallet & Payment Market Opportunities (2019 Databook Series): Market Si... - 1 views
-
Mobile payment and mobile wallet market size and forecast across 45+ markets segments on three essential KPIs - mobile payment transaction value, volume and average transaction value.
-
The mobile payment industry in Ethiopia is expected to record a CAGR of 18.7% to reach US$ 7,818.2 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 18.3% during 2018-2025.
4More
Belcash Technology Solutions PLC - 2 views
-
Though each Hello brand represents a different service, they all share one key feature - the mobile phone is the access point for their service.
-
-
Belcash is the proprietor and provider of the 'Hello' brand. We attempt to find the perfect fit for our customers and partners. This heavy focus on customer service, innovation and professionalism means that our stakeholders are proud to identify themselves with us
2More
BelCash Technology Solutions PLC: About | LinkedIn - 0 views
-
BCTS has reinforced its offer by the HelloServices and inspiring brand all-inclusive, aiming to connect all Ethiopian citizens for a brighter future; a future that unlocks the potential of the country and its diversity.
4More
Find a Doctor - Book online instantly - DabaDoc - 0 views
-
Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?
-
Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?
-
Frequently Asked Questions About DabaDoc How do I book and manage an appointment ? Health professionals ? Is booking an appointment free ?