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

by Addis Media
21 comments

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



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

Bank of Abyssinia 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.

Source: Bank of Abyssinia

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21 comments

Alemayehu Simeneh August 7, 2020 - 2:53 am

BoA becomes the First Bank in Ethiopia to implement Visa CyberSource payment gateway to drive e-commerce acquiring business.

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.

Abebe Girmay August 8, 2020 - 3:01 am

Congratulations again Bank of Abyssinia (BOA) Managment and team. Thank you for your clear explanation Abay wonderful.

pablo nigussie August 15, 2020 - 2:44 am

I live in Ethiopia and I don’t have a visa card Does this mean I can get a visa card from Abysinia bank ?

Abdusemed Jemal August 17, 2020 - 7:20 am

I can't understand?Please
Can I use visa card of Abyssinia bank to bay products online out of Ethiopia. like alibaba & amazon??

YeBa August 25, 2020 - 9:10 am

can i use abyssinia visa card to buy items from amazon

Alemtsehay Alem September 5, 2020 - 1:44 pm

እንኳን ደስ አላቹ

Alemtsehay Alem September 5, 2020 - 1:47 pm

አቢሲንያ ባንክ የአዲስ አበባ የባንካቹ ቅርንጫፍ ስልክ ቁጥር ፈልጌ ነበር እባካቹ ተባበሩኝ የአካውንት ቡኬ ስለጠፋብኝ ነው
ከቻላቹ የላምበረት ቅርንጫፍ ስልክ ቁጥር ብትሰጡኝ ደስ ይለኛል በእግዚአብሔር ስም ተባበሩኝ ያለሁት በስደት ነው ከይቅርታ ጋር

ሰናይት ስደተኛዋ October 13, 2020 - 4:12 am

https://youtu.be/rm-hR0-I988 ሠላም ወንድም ስለዚህ አፓ አሳወቀን

ሰናይት ስደተኛዋ October 13, 2020 - 4:13 am

ዋዉዉዉዉ አሪፍ ነው

Ray Spy October 15, 2020 - 10:13 am

be dollar melak enchelalen malet new?

Henok Tewelde October 16, 2020 - 9:49 am

Pey pal yseral malet new

dagem alemayehu October 19, 2020 - 9:39 am

Meaning less, we want credit card with usd issued in it, Thats it,

/HASHRAID November 27, 2020 - 7:26 am

it still hasnt started yet can we know when it will start

Hana Besufkad December 23, 2020 - 11:13 am

Very nice

Lemen UT January 2, 2021 - 7:04 am

Does abysina visa card working with forex trading

Tekeba Buta February 17, 2021 - 8:36 am

bushti

Negash Abdu February 23, 2021 - 1:21 pm

ወሬ…..ወሬ….

#### May 4, 2021 - 3:49 pm

Any new about payment of online

BURA man June 12, 2021 - 11:39 am

des yilal bertu

Andi June 26, 2021 - 8:27 pm

Good stuff, quick question, Can Americans use their Credit and Debit card in Abyssinia Bank? thanks.

surafel tube October 2, 2021 - 5:01 pm

it still hasnt started yet can we know when it will start

Comments are closed.