Ahun Insights reposted this
The National Bank of Ethiopia launched the standardization of Ethiopia's QR Code at the Ethiopian Digital Payment Conference. The standard secures and makes the existing scattered QR code payments interoperable. The aim is to increase the acceptance of digital payments at merchant sites by making merchant payments more secure, convenient, and efficient.
That's a commendable initiative! However, it's imperative to ensure that the standardization process addresses all potential challenges to truly enhance the digital payment landscape. Looking forward to seeing the positive impact this will have on fostering digital transactions across Ethiopia.
This is a great
This seems a small addon in the digital payment ecosystem but it’s value is really assymetric. Great Job 👏
Inspiring, but it is just starting
This is a great
The real game begin
That’s excellent
Interested
This is a significant step forward for financial inclusion in Ethiopia! Standardized QR codes will streamline digital payments and empower businesses of all sizes to accept them easily.