Ethswitch
- Portée géographique
Éthiopie
- Données ventilées par genre
No
- Région géographique
Afrique de l'Est
- Couverture
Domestic
- Année de création
2023
- Type d'IPS
Cross-domain
- Accord d'interopérabilité
Multilateral
- Typologie de gouvernance
Public Private Partnership (PPP)
- Modèle de propriété
Jointly owned
- Propriétaire du système
EthSwitch
- Superviseur
National Bank of Ethiopia (central bank)
- Gouvernance du système
EthSwitch
- Opérateur
EthSwitch
- Agent de règlement
National Bank of Ethiopia (central bank)
- Nombre d'utilisateurs finaux uniques de l'IPS
-
- Nombre total de participants
42
- Nombre de participants directs : Banques commerciales
30
- Nombre de participants directs : Émetteurs de monnaie électronique
1
- Nombre de participants directs : IMF
2
- Nombre de participants directs : Autres
-
- Nombre de participants directs : Bureau de poste
-
- Participants indirects Type
Microfinance organisations (4), DFS (2), MNO (3)
- Nombre de participants indirects
9
- Cas d'utilisation pris en charge
P2P, P2B , B2B, P2G, G2P
- Instruments pris en charge
Credit EFT, Debit EFT, E-money, Card
- Canal principal local
App
- Canaux pris en charge
USSD, App, Browser, QR Code, POS, ATM
- Compatibilité avec code QR
-
- Norme de messagerie
ISO 20022
- ID Proxy
Bank account number , Mobile phone number, QR code, email, Mechant ID, National ID
- Autre type d'identification par procuration
-
- Modèle d'entreprise
Not-for-profit
- Structure de tarification
For P2P, we adopt a tiered regressive pricing approach where the fees/rates decline as the transaction value increases
- Règles du système Public
Yes
- Exigences supplémentaires en matière de recours
Yes
- Mécanisme de résolution des litiges
Yes
- Fonctionnalité de l'API
Yes
- Source de financement de démarrage
Developmental Partners (AdFi &BMGF) EthSwitch's platform development costs are financed by grants from the African Development Bank’s ADFI (African Digital Finance Initiative) and the Bill and Melinda Gates Foundation. The total cost of developing the platform with a 5-year after-sales annual support fee and infrastructure cost is USD 10,975,875 million
- Participation à la prise de décision
Yes
- Mécanisme de prise de décision
1. The participants are all licensed ecosystem players, including Banks, the National Bank of Ethiopia (Central Bank), Micro Finance Institutions (MFI’s), Payment Instrument Issuers (PII’s), and Payment Services Operators (PSO’s). 2. EthSwitch is governed by an established corporate governance structure, where the Shareholders’ General Assembly is the supreme governing body, and the General Assembly elect 11 Board of Directors, which is comprised of Elected Members who oversee the overall operation of the company. 3. Participation in Policy formulation: Financial players participate in different work groups established for the purpose of drafting policy and benchmarking different financial technology, approaches/processes and practices that need to be adapted and adopted at the national level. 4. Participation in Business Requirement Definition: EthSwitch invites all Ecosystem players to review the product business requirement document, products such as interoperability, National Payment Gateway, Domestic Payment Scheme and Shared Services. 5. Request for inclusion of new features: Ecosystem players might have their Own specific requirements which are not in the scope of the shared services, in such cases institution that originates the requirement will pay the change request quotation of the EthSwitch solution provider and governed by the EthSwitch version three pricing guideline. 6. EthSwitch is mandated to Create Interoperability between financial institutions, implement a Domestic Payment Scheme, provide a National Payment Gateway, serve as Central Interconnectivity for Clearing and Settlement, and provide Shared Platform/Infrastructure services.
- Capacité à devenir des participants directs
No
- Entités qui ne peuvent pas participer
Those who have no RTGS or settlement account from the central bank cannot become direct participants. But they can join the system through a sponsor bank.
- Valeur minimale pour les transactions
No min. value
- Structure de l'entreprise
Other
- Autre structure d'entreprise
Share Company (EthSwitch is a National Switch owned by all banks (private and public), the National Bank of Ethiopia, Micro Finance Institutions (MFIs), Payment Instrument Issuers (PIIs), and Payment System Operators (PSOs).)
- Paiement direct (demande de paiement) Activé
Yes
- Connexions avec des tiers
Yes
- Confirmation de paiement en temps réel
No
- Validation des transactions activée
No
- Classement de l'inclusivité
Progressed