Etiopia
NIB BANK AND ARIFPAY PARTNER TO ADVANCE ETHIOPIA’S DIGITAL PAYMENT LANDSCAPE
NIB Bank has entered into a strategic partnership with Arifpay Financial Technologies, a leading Ethiopian fintech company, to roll out digital payment solutions aimed at businesses and consumers across the country.The collaboration combines Arifpay’s technological innovation with NIB Bank’s financial infrastructure to provide secure, scalable, and accessible payment services. Merchants, including small and medium-sized enterprises, will benefit from the ability to accept both local and international cards such as Visa, Mastercard, and UnionPay.Beyond card acceptance, the partnership supports e-commerce growth by offering merchants an integrated mobile platform for managing payments, tracking sales, and accessing real-time analytics to enhance operational efficiency and decision-making.NIB Bank CEO Henok Kebede said the alliance aligns with the bank’s digital transformation strategy, enabling delivery of tailored financial solutions that promote inclusion and empower businesses. Arifpay CEO Rediet Tsigeberhan emphasized the broader impact of the initiative, describing it as a step toward a digitally inclusive economy.With over 25 years in the financial sector, NIB Bank is expanding its digital footprint through partnerships with global networks. Arifpay continues to push innovation in Ethiopia’s fintech sector, making this collaboration a milestone in the nation’s digital economy journey. (ICE ADDIS ABEBA)
Fonte notizia: 2Merkato and Ethiopian News Agency