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telebirr
Information by Research TrustFinance
Launched in May 2021 by Ethio telecom, telebirr is a transformative mobile money platform designed to boost financial inclusion in Ethiopia. It provides a secure and convenient way for users to conduct cashless transactions directly from their mobile phones. The service allows customers to deposit, receive, transfer, and spend money using their phone number as their account. Key features include sending money to any mobile number, paying for goods and services at merchant locations, settling utility bills, purchasing airtime, and receiving international remittances, thereby playing a crucial role in the country's shift towards a digital economy.
Ethiopia
Industry
Financial