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      [አሳዛኝ ዜና] በራያ ቆቦ የተደፈሩት መነኩሴ ለመጀመሪያ ጊዜ…

      12/30/2021

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      አሳሳች: BBC News “ኢትዮጵያ ጦርነትን ለማጠናከር ትምህርት ቤቶችን…

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      ሐሰት፡ የላሊበላ ከተማ በህወሃት ቁጥጥር ስር አይደለችም

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      [አሳዛኝ ዜና] በራያ ቆቦ የተደፈሩት መነኩሴ ለመጀመሪያ ጊዜ…

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      12/28/2021

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      ሐሰት: “የፌደራል ፖሊስ ለውጊያ ወደ ደብረብርሃን ተልኳል” በሚል…

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      አሳሳች፡ “የትህነግ ደጋፊዎች ቤተክርስቲያን መሳሪያ ሊቀብሩ ሲሉ ተያዙ”…

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Bank of Abyssinia and VISA to Start Accepting Online Payments in Ethiopia

by Addis Media 08/06/2020
by Addis Media 08/06/2020 898 views
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BoA becomes the First Bank in Ethiopia to implement Visa CyberSource payment gateway to drive e-commerce acquiring business.

In an event held in Addis Ababa on August 04, 2020, Bank of Abyssinia (BoA) and Visa have announced a strategic partnership to drive e-commerce acquiring through visa CyberSource payment gateway making BoA the first bank in Ethiopia to implement the platform. The platform enables businesses accept online payments using credit cards which leapfrogs the current and lagging e-commerce practice in Ethiopia to a new efficient and secured e-commerce reality.

With the Visa CyberSource payment gateway, businesses are able to accept online payments seamlessly, in effect bringing a new dawn to the e-commerce acquiring business in Ethiopia with a huge potential in the hospitality, ride-hailing services, and manufacturing, among others.

From this historic strategic partnership, consumers, tourists and visitors coming to Ethiopia will have access to a secured online payment service. Furthermore, the diaspora community can shop for their families and friends living in Ethiopia. All this will be carried out on a secured and risk-free online environment.



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