M-PESA Ethiopia has announced the successful integration of its mobile money platform with EthSwitch, Ethiopia's national payment network, marking a major milestone in the country's journey toward financial inclusion and interoperability.
The integration enables seamless money transfers and payments between M-PESA and 15 participating banks and mobile wallets across Ethiopia, with more integrations planned in the coming weeks. Through this development, M-PESA customers can now send funds directly from their mobile wallets to any bank account connected to EthSwitch or make payments to merchants using bank-issued EthQR codes. Conversely, bank customers without M-PESA accounts can send money to M-PESA wallets or make merchant payments by scanning M-PESA EthQR codes through their respective mobile banking applications.
Powered by EthSwitch's secure national payment infrastructure, the service facilitates real-time transactions that comply with Ethiopia's financial standards and regulations. The integration represents a major step toward building an interoperable financial ecosystem, supporting the country's goal of expanding access to digital financial services for individuals and businesses alike.
