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EthSwitch S.C., the national switch operator for the banking industry, is set to roll out several digital payment solutions that will introduce new features. The company has been providing solutions to banks and microfinance institutions since its establishment in 2011, pioneering ATM and POS interoperability in the country.
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Sunpay solutions S.C gears up for entry to the Ethiopian Digital payment Landscape to offer a payment system with an initial capital of 100 Million Birr. The Company plans to contribute to the growth of digital payment in Ethiopia and promote financial inclusion across the country with a focus on enabling a better, seamless and secure customer experience. Sunpay Solutions, a sister company of Sunshine Investment Group, has developed its own digital payment platform “sunpay” by well-skilled individuals from the fintech industry which is set to launch the service in July 2021.
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| Currency (Code) | Buying Rate | Selling Rate |
|---|---|---|
 US Dollar(USD) | 54.0679 | 55.1493 |
 Euro(EUR) | 59.3449 | 60.5318 |
 Pound Sterling(GBP) | 64.2131 | 65.4974 |
 UAE Dirham(AED) | 13.3234 | 13.5899 |
 Saudi Riyal(SAR) | 13.0456 | 13.3065 |
