The Information Network Security Agency has signed an agreement with Addis Abeba City Revenues Bureau to enhance the latter's digital revenue collection. A platform dubbed "Derash Digital Payment Platform" will be used to augment the city's tax collection system, according to Solomon Soka, director-general of the Agency. In addition, cybersecurity enhancement works will be conducted on the Bureau's existing digital systems. More than 50 billion Br has been transacted since the launch of Derash, which works in collaboration with 16 commercial banks and 10 other financial institutions. Last week, the Agency also signed an agreement with ArifPay, a digital payment service provider, to facilitate digital payment through Derash.
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