Our company and CNET software technologies have signed today to implement telebirr & CNET integrated payment system that would enable the CNET Software Technologies partners’ to get their customers settle service charges and transactions using telebirr which is easy, fast, convenient and secure digital payment system.
Specifically, the implementation of telebirr & CNET integrated payment system will play crucial roles for institutions such as hospitals, pharmacies, hotels, restaurants, cafes, supermarkets, entertainment and hospitality service rendering organizations as well as other similar institutions to get easily settled their service charges and various transaction payments using telebirr which is currently used by over 25 million subscribers. Consequently, customers can easily settle their service charge or make transaction payments by scanning service rendering/product suppliers’ QR Code or by informing the cashier in advance that they want to settle the payment via telebirr and using the payment reference PIN sent to their mobile, they can settle via telebirr app or USSD and will receive a payment confirmation message from telebirr 127.
In a recent memory, our company in partnership with Dashen Bank has launched three types of financial services namely telebirr mela (micro credit) a service that allows individual customers, agents and merchants to borrow money for any transaction or withdrawal and telebirr Endekise (credit pay/overdraft service) a service that enables customers to borrow money when they are short of balance in their telebirr account while making transaction and telebirr Sanduq (Micro Saving service) a saving service which is available with interest free and interest rate based micro saving services with a theme of finance for all to ensure financial services inclusion and accessibility to our wider society.
So far, telebirr digital payment system has acquired a subscriber base of 25.85 Million within a short period, 101 master agents, 87 thousand agents and 23 thousand merchants. In addition, the platform has been integrated with 17 banks to transfer money from bank to telebirr and with 14 banks to transfer money from telebirr to bank and over 153 billion ETB has been transacted.
Furthermore, our company has already integrated a number of services with telebirr digital payment system by signing agreements with several service rendering organizations and institutions so as to ease their customers’ service related hustles being the best digital payment option.
In the time ahead, our company is keeping on diligently committing to integrate with a number of services with telebirr digital payment system in collaboration with other similar institutions and make all their customers’ payments possible in one window service using telebirr digital payment system with a view to strengthen the effort of realizing the digital Ethiopia’s set vision.
November 24, 2022
Ethio telecom