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EthSwitch Reports Strong Mid-Year Performance with Over 107 Million P2P Transactions in Ethiopia’s Digital Payments Ecosystem

StockMarket.et by StockMarket.et
January 31, 2026
in Fintech
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EthSwitch Reports Strong Mid-Year Performance with Over 107 Million P2P Transactions in Ethiopia’s Digital Payments Ecosystem
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EthSwitch, Ethiopia’s leading provider of interoperable digital payment infrastructure, has announced impressive results from its mid-year operational and financial performance review for the first half of the 2025/26 financial year (July–December 2025). The review, held on January 29, 2026, at Haile Grand Hotel in Addis Ababa, highlights significant growth in Ethiopia’s digital payments sector, underscoring advancements in interoperability and transaction efficiency.

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Key operational achievements include processing over 107.4 million person-to-person (P2P) transactions, which not only surpassed planned targets but also doubled the performance from the same period last year. Interoperable ATM transactions reached 67.6 million, marking a 15% increase year-over-year, while interoperable point-of-sale (POS) transactions surged by 55% to nearly 2 million.

These figures reflect EthSwitch’s ongoing commitment to enhancing system reliability, boosting transaction success rates, and driving the expansion of Ethiopia’s digital payment ecosystem. As the country continues to advance its financial inclusion and digital economy initiatives, such performance metrics signal positive momentum for stakeholders in Ethiopia’s fintech and banking sectors.

The review emphasizes EthSwitch’s role in supporting interoperable digital payments, which are critical for seamless financial transactions across banks and payment providers in Ethiopia. Market observers note that this growth aligns with broader trends in Ethiopia’s finance sector, including increased adoption of cashless solutions amid economic reforms.

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