Ethiopia’s EthioPay-IPS Hits 1 Million Daily Transactions

TechTrends KEEditor

June 4, 2026 | 9:00 PM•1 min read

Originally published on TechTrends KE

Ethiopia’s national payment switch, EthSwitch, has recorded a landmark milestone after its EthioPay-IPS platform surpassed one million transactions in a single day, with total value exceeding ETB 5 billion. The achievement comes alongside international recognition, with EthSwitch and technology partner BPC receiving The Asian Banker’s “Best Financial Inclusion Technology Initiative in Africa for 2026” award.

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