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Home Economy Fintech

How Chapa and Telegram Are Revolutionising Digital Payments in Ethiopia

by Techeconomy
July 11, 2023
in Fintech
0
Chapa and Telegram
Chapa | Telegram

Chapa and Telegram

UBA
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Chapa, the leading payment solution provider in Ethiopia, has announced its groundbreaking partnership with Telegram, one of the world’s most popular messaging apps.

This collaboration aims to empower merchants using Telegram to seamlessly accept payments from their customers, marking a significant milestone for financial inclusion and digital payments in Ethiopia.

With over 500 million active users globally, Telegram has emerged as a trusted platform for communication, surpassing even Facebook Messenger, WhatsApp, IMO, and other messenger apps in Ethiopia.

Leveraging Telegram’s immense popularity, hundreds of thousands of businesses on the platform have been successfully selling their products through Telegram channels and groups.

Chapa’s integration with Telegram’s bot ecosystem allows merchants to accept payments without requiring customers to leave the app. Whether through mobile money, bank transfers, or debit/credit cards, Chapa enables users to make payments instantly, enhancing convenience and accessibility.

This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.

“We are honored to represent Ethiopia on the international stage as the exclusive Telegram payment provider in Africa,”

said Israel Goytom, CTO and Co-founder of Chapa.

“This noteworthy accomplishment speaks to the progress of our emerging fintech sector and reaffirms our commitment to drive financial technology advancements within the region.”

Chapa and Telegram
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Chapa + Telegram

Bot developers can seamlessly integrate Bot Payments into any e-commerce platform by accessing Telegram’s open platform and available APIs. This integration opens up exciting opportunities for merchants, allowing them to accept payments through any platform powered by a bot.

Chapa’s mission is to empower Ethiopian businesses to expand their reach in the global market, and this partnership with Telegram takes us one step closer to achieving that goal. We revolutionizing how users interact with businesses, offering a seamless experience combining messaging and payments.

Imagine the convenience of ordering a pair of shoes and paying for them through a simple chatbot. With Telegram enabling payments within the messaging platform, the possibilities are endless. Chapa and Telegram are excited to bring this transformational experience to Ethiopian users, enhancing their daily lives and unlocking new avenues for growth.

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    Techeconomy

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