Ethswitch, established in 2011, is a share company fully owned by all banks, including private and public banks in Ethiopia. the main objective of this share company is to provide efficient It is simple, affordable, secured, and efficient e-payment infrastructure services to retail payment service providers, and through them, to end users in Ethiopia; by deploying state-of-the-art technology along with highly skilled and motivated professionals. The underling mandate of Ethswitch is contributing to the modernization of the national payments system and enhancement of financial inclusion in the country. Since 2016, it has enabled interoperability of ATMs operated by all banks across the country.

Currently, it is also rolling out projects to achieve interoperability of POS terminals and other digital payment platforms operated by all financial service providers

The mission of the Ethswitch is ’’Making Payments Simple and Affordable’’, and its Vision is ‘’To be best in class Payment Network in Africa by 2035’’.

What is the meaning of EthSwitch? Etswitch is National payment gateway