Ethiopia: Hibret Bank and Safaricom M-PESA enter into Mobile Banking and Agency Partnership - News Summed Up

Ethiopia: Hibret Bank and Safaricom M-PESA enter into Mobile Banking and Agency Partnership


Hibret Bank signed a partnership agreement with Safaricom M-PESA to collaborate on various initiatives that will enhance the provision of digital financial solutions in Ethiopia. Through this agreement, Hibret Bank‘s customers will enjoy the convenience of keeping up with their finances on Hibret Bank’s mobile banking USSD *811# and mobile app using their 07 Safaricom line. Ato Melaku added “Hibret Bank is also the first bank in Ethiopia to be issued an ISO/IEC 27001:2013 certification for Online Banking service, Data centre and the Disaster Recovery facility. www.hibretbank.com.etAbout Safaricom M-PESA Services Plc:Safaricom M-PESA Mobile Financial Services PLC is a private limited company incorporated in Ethiopia for providing Mobile Financial Services (the “M-PESA Services”) . Safaricom M-PESA Mobile Financial Services PLC is a fully owned subsidiary of Safaricom Ethiopia due to start M-PESA mobile money operations in the coming months.


Source: Ethiopian News August 05, 2023 15:13 UTC



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