March 21, 2025

My Views on News

Impartial and Unflinching

commmercial bank of Ethiopia

Commercial Bank of Ethiopia Temporarily Suspends Digital Payment

Spread the love

The Commercial Bank of Ethiopia will temporarily suspend its digital payment services. This interruption starts tonight at 7 PM and lasts until 12 PM tomorrow. The bank is making system improvements. It urges customers to prepare for this outage.

The Commercial Bank of Ethiopia (CBE) has made significant progress in digital payment services. In the last five years, the use of digital payments in Ethiopia has grown. This increase shows that more people are choosing cashless transactions, thanks to better access to mobile phones and improved digital skills.

CBE helps this change by offering various electronic payment options, such as mobile banking and point-of-sale services. The bank aims to make transactions more accessible for customers and government agencies, helping Ethiopia move toward a more digital economy.

Other Stories

Ethiopia Extends Passport Validity, Plans for E-Passport

Addis Ababa Police Arrest Two Suspects in Fake Money Scheme

Safaricom Ethiopia Denies Rumors about Tariff Reduction

Commercial Bank of Ethiopia Sells $282,459,000 to Customers