Easily pay employees salaries and other bulk payments anytime and save your time and costs.
Easily pay employees salaries and other bulk payments anytime and save your time and costs.
telebirr supports organizations to initiate and transfer money to customers/beneficiaries in bulk in real time. Organizations must be registered for bulk payment account and have sufficient balance in their trust fund account.
Medaresha
Medaresha is part of telebirr mela service which will enable public and private employees to get credit if they receive their salary via telebirr
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Mela Medaresha |
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Product |
Minimum |
Maximum |
Facilitation fee |
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Credit amount |
1000 |
36000 |
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Due date |
After 90 days/ 3-Months |
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Repayment schedule |
Installment based (Per Month) |
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After due date (90 days) |
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0.5% per day |
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Note: –
- Credit limit will be from birr 1,000 to 36,000
- Due date will be after 90 days.
- Employees will sign an agreement and will take Medaresha credit.
- If employees repay within 90 days, facilitation fee will be 10%.
- After due date, they will be charged with 0.5% per day on total outstanding amount
- Repayment will be automatic when their salary credited on telebirr.
- Employees can take 30% of their salary as credit
- Payer organization and employees will sign contract and agreed to pay/receive their salary via telebirr
- To get Medaresha, they shall receive their salary 3 times (months)
- When contract agreement signed, they would be whitelisted to 30% of their salary as credit immediately.
- The credit will be repaid within a month.
- Company shall confirm their employee's salary payment will continue via telebirr and should inform Ethio telecom a month ahead if their salary payment is stopped due to contract is terminated or other issues.