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Arif Pay Pilots Project as a Private Switch Operator

Nov 19 , 2025

Arif pay, licensed as the first private switch operator a month ago, is to begin intergrating the financial sector as the supporter of EthSwitch S.C, a payment infrastructure that enables interoperability between different financial service providers.

The company, incorporated i 2020 with a paid up capital of 271 million Br, is currently intergrated with 1150 companies, acquiring four companies under Arif Pay.

The first license granted by the National Bank of Ethiopia (NBE) was POS and payment agency but later expanded the operation to other service such as a Arif Health Pay.

EthSwitch, the national switch operator established by all commercial banks, and the NBE, as shareholders, and Arif Pay plan to intgrate the microfinances as well.

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