Ethio Telecom and Hybrid Designs PLC to Enable Telebirr Digital Payment Related Services for its Customers

Ethio Telecom and Hybrid Designs have inked a partnership in an effort to enable access to telecom products and services through ride transport services using the telebirr digital payment system.

Ethio telecom and Hybrid Designs PLC have signed a contractual agreement that would enable the customers access to telecom products and services through Ride transport service at their convenient time and place using the newly emerging telebirr digital payment system which is easy, fast, convenient and secure transaction platform for the settlement of any service payments.

The partnership contractual agreement signed between the two companies today is mainly aimed at integrating telecom and telebirr services with the RIDE transport service platform so as to meet the ever growing demand of the customers on telecom products and services accessibility and optional payment platforms, thereby providing fast and secure alternative services to customers.

Having launched telegebeya online sales channel in the recent past which is a new and an alternative sales platform that enables customers to purchase Ethio telecom’s products easily from their whereabouts coupled with the company’s existing 509 point of sales and 185 franchise shops together with over 40,000 Ride transport serving drivers who will be in charge of delivering and selling our company’s products and services will enormously widen our presence and accessibility to millions of customers out there.

In line with the agreement, in addition to getting settled transport service fares via telebirr, Ride transport serving drivers as telebirr agents will engage in collecting monthly ethio telecom and utility bill payments, registering new telebirr customers, upgrading telebirr customer levels, providing cash in and cash out services, airtime, packages and new SIM cards sales, providing SIM replacement services to customers along with providing many other package delivery services to customers on behalf of Ethio telecom.

telebirr payment platform was launched exactly a year ago in this month and it has been very successful mainly because of its simplicity of use. The platform has been playing paramount roles since the very first day it came to be operational in easing our societies’ ways of lives in particular and the digital financial inclusions in general

This platform has soon managed to get the attention of over 19.4 million subscribers, more than 82 master agents, over 69 thousand agents and more than 18 thousand merchants within a short span of time as well as it has been integrated with 12 banks to transfer money from bank to telebirr and with 10 banks to transfer money from telebirr to bank. As the platform is widely preferable in the society for e-money payments, over 18.7 billion-birr transactions has been made so far.

Our company, by deploying its state of the arts technologies & infrastructures, is striving to expand the service, bring a fundamental shift on the inflexible payment system of the nation and meet various telecom service demands of the day to our society, thereby changing the status quo of holding cash banknotes, improving and making easier our society day to day activities in partnerships with the governmental and non-governmental organizations.

In not the distant past, our company has signed contractual agreements with the Ethiopian Airlines to enable passengers purchase domestic flight tickets and with Ethiopian electric utility and water and sewerage services providing institutions to collect the monthly service bill payments via telebirr as well as integrating and digitizing the payment systems of many more organizations with telebirr.

Statement by Ethio Telecom

Likewise, the company is strongly committed to implement telebirr integrated service payments with other similar institutions and make multiple payments possible in one place in the near future. It is also highly engaged in transforming the platform into new heights and extends its reach far beyond purchases and digital money transfer, thereby making digital Ethiopia’s set vision a reality that is once thought very distant to happen.

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