Afriset Fintech

Payment System Operator (POS & Payment Gateway Operator) — Ethiopia

The Ethiopia category mapped to payment processing.

Regulator: National Bank of Ethiopia.

NBE Payment System Operator licence for point-of-sale, payment-gateway and ATM operators (ONPS/02/2020 Art. 4.7(c)-(e)) - payment processing without holding customer float. The register labels these entities 'POS & Payment Gateway Operator' / 'Payment Gateway Operator' (variants kept per fact); the statutory ATM Operator type has no registered entity today.

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · changed 2026-08-04.

Licensed providers

19 entities
# Provider Status (as reported) Licensed / granted Source Source date
1 Addis Pay Financial Technology S.C licensed 2022-12-21 National Bank of Ethiopia not dated
2 AdmasPay Financial Technology S.C licensed 2025-11-17 National Bank of Ethiopia not dated
3 AfroPay Digital Financial Technology S.C licensed 2025-10-29 National Bank of Ethiopia not dated
4 Arif pay Financial Technology S.C licensed 2021-11-22 National Bank of Ethiopia not dated
5 Beqelal Financial Technology S.C licensed 2025-10-29 National Bank of Ethiopia not dated
6 BirrLink Financial Technologies S.C licensed 2025-06-03 National Bank of Ethiopia not dated
7 Cashflow Financial Technologies S.C licensed 2025-01-27 National Bank of Ethiopia not dated
8 Chapa Financial Technology S.C licensed 2022-05-20 National Bank of Ethiopia not dated
9 EPay Financial Services S.C licensed 2025-11-10 National Bank of Ethiopia not dated
10 Fenanpay Solutions S.C licensed 2024-10-09 National Bank of Ethiopia not dated
11 FinPay Digital Financial Solution S.C licensed 2025-11-17 National Bank of Ethiopia not dated
12 KisPay Financial Solutions S.C licensed 2025-06-03 National Bank of Ethiopia not dated
13 LakiPay Financial Technologies S.C licensed 2025-02-12 National Bank of Ethiopia not dated
14 PawaPay Digital Financial Services S.C licensed 2025-01-17 National Bank of Ethiopia not dated
15 Santim Pay Financial Technology S.C licensed 2022-07-05 National Bank of Ethiopia not dated
16 StarPay Financial Service S.C licensed 2025-02-25 National Bank of Ethiopia not dated
17 Sunpay Financial Solutions S.C revoked 2022-01-11 National Bank of Ethiopia not dated
18 Timeless Pay Tech Solutions S.C licensed 2025-10-24 National Bank of Ethiopia not dated
19 Yagout Pay Financial Technology S.C licensed 2023-05-05 National Bank of Ethiopia not dated

Reading the tables

not dated
— the official source publishes no date of its own. We show our own last-checked date instead of inventing one for the regulator.

Licence requirements

What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.

Requirement As published Source Source date
Minimum capital
ETB 20 million (twenty million Birr) for an automated teller machine operator; ETB 10 million (ten million Birr) for a point-of-sale device operator; ETB 3 million (three million Birr) for a payment gateway operator (the sum of the relevant tiers if the applicant operates two or more systems).
Verbatim
“c) ETB 20 million (twenty million Birr) if it is an automated teller machine operator; d) ETB 10 million (ten million Birr) if it is a point of sale device operator; e) ETB 3 million (three million Birr) if it is a payment gateway operator;”
Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020
Local presence / incorporation
Must be established as a company, with a certificate of registration for the trade name and articles and memorandum of association prepared in both Amharic and English.
Verbatim
“be established as a company … submit articles and memorandum of association prepared both in Amharic and English.”
Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020
Timeline Not officially published: No fixed number of days within which the National Bank must grant or refuse the application is published in this directive. Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020
Local ownership
Ownership by any one person is limited to 40% (operators other than the national switch operator).
Verbatim
“have ownership by a person limited to 40%, if it is other than national switch operator.”
Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020
Fees
ETB 3,000 (three thousand Birr) non-refundable application processing fee.
Verbatim
“An applicant shall pay a non-refundable application processing fee of ETB 3,000 (three thousand Birr) and present proof of payment together with the applications.”
Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020
Ongoing obligations Not officially published: Operate under National-Bank-approved system rules and the continuing ownership conditions above. No single quantitative ongoing-obligation figure is published. Licensing and Authorization of Payment System Operators Directive No. ONPS/02/2020 (operative PSO base) 2020

Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.

The equivalent in other markets

Categories mapped to the same normalized activity — fintech:PAYMENT_PROCESSING:

Cross-border rules for Ethiopia →