Jul 20 , 2025
Santim Pay Financial Solution S.C. has begun assembling Point of Sale (POS) machines in Ethiopia, with its new facility assembling up to 300 units daily. The devices run on locally developed software and are priced below imported alternatives. Directed towards domestic commercial institutions, the move supports digital payment growth while reducing dependency on foreign suppliers. The company has also launched repair services to boost device durability and service availability. The fintech company officially launched its locally assembled Point of Sale POS machines at the Ethiopian Museum of Art and Science on July 19, 2025. Santim Pay plans to expand distribution channels across regional towns. Officials say the initiative aligns with the National Digital Payments Strategy. The firm is also exploring partnerships with banks and microfinance institutions to scale adoption.
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