Gadaa Bank, in partnership with Santim Pay Financial Solutions S.C., has launched a new QR Code payment system. The service will enable contactless digital transactions across various sectors, including hotels, cafes, shops, and online platforms.
According to the bank’s chief executive, the QR Code system is designed to be user-friendly and accessible to both businesses and consumers. By adopting this technology, merchants can streamline their payment processes while customers can enjoy the convenience of cashless transactions.
The collaboration between Gadaa Bank and Santim Pay is expected to yield significant benefits for both parties. As Gadaa Bank continues to expand its services, it has reported growth in its financial performance. In the past financial year, the bank’s total assets reached Birr 5.3 billion, with customer deposits surpassing Birr 4 billion. Gadaa Bank, which commenced operations 18 months ago.
Source: Sheger FM
