Siinqee Bank S.C. has officially started issuing Mastercard-branded prepaid cards in Ethiopia, expanding access to digital payments and promoting financial inclusion. The launch is powered by Premier Switch Solutions (PSS), a leading local payment technology provider.
This move is a major milestone in Ethiopia’s financial sector. Siinqee Bank is now the first financial institution outside PSS’s core network to offer Mastercard’s globally recognized payment solutions. With the new prepaid cards, customers can enjoy secure and convenient transactions both at home and abroad.
Related articles
The partnership strengthens Ethiopia’s digital financial ecosystem by giving more people access to innovative and reliable payment options. It also supports the country’s broader push to modernize its financial sector and build a more inclusive digital economy.
For Siinqee Bank, the alliance marks a turning point. Having transitioned from a microfinance institution, the bank has been pushing forward with digital transformation to better serve its customers. This collaboration positions Siinqee as a strong player in Ethiopia’s technology-driven banking space.
The initiative also reflects a broader trend: local banks partnering with global payment companies to expand their services. Industry watchers expect this to open the door for more projects that improve accessibility, efficiency, and financial choice for Ethiopians. customers across the country.
