To cover 50% of GDP transaction
ADDIS ABABA – Ethio telcom announced that it has managed to operate1.9 trillion Birr transaction through telebirr digital platform since May, 2021.
In an exclusive interview with FBC, Ethio telecom Executive Officer FirehiwotTamiru said that Telebirr mobile money has been playing a crucial role in ensuring financial services for inclusivity of the wider community and contributing to the realization of digital Ethiopia since it was launched in May 11, 2021.
Telebirr’s role of ensuring the inclusivity and accessibility of financial services is not only limited to mobile money, but also reformed the overall financial sector landscape, she noted.
In this regard, the company registered a remarkable achievement, she said, adding that the company is transacting an average of five billion Birr in a daily basis.
She also mentioned that some 4.1 million customers accessed 9.5 billion Birr loan via the platform as it has registered nearly 43 million subscribers in almost three years’ duration.
Ethio telecom was choosen to share its best practice and experiences for other countriesat the world telecom congress in Barcelona, Spain, Firehiwot said, noting that the recognition and awards that the company received are part of the achievement of telebirr in a short period of time.
The Officer further said that it has a vision to expand to cover the transaction of 50% share of country’s GDP via telebirr to realize digital economy.
The company has been working to keep quality of service delivery, she stressed.
In May 11, 2021, Ethio telecom launched its mobile money service under the brand Telebirr aimed at ensuring inclusivity of the financially excluded and underserved segment of the society, and bridge the gap in the country’s digitalization efforts by getting a license from the National Bank of Ethiopia (NBE).
BY TSEGAYE TILAHUN
THE ETHIOPIAN HERALD SATURDAY 16 MARCH 2024
