Arifpay Launches Arifpay 2.0, Revolutionizing Ethiopia’s Digital Payment Landscape

Arifpay Financial Technologies S.C, one of the players in Ethiopia’s financial revolution, has announced the highly anticipated launch of its upgraded payment system, Arifpay 2.0. This milestone is said to mark a significant step forward in shaping the future of financial technology and digital payments within the country.

Arifpay 1.0, launched in December 2022, has already made waves within the industry, enabling merchants across various sectors such as healthcare, hospitality, and retail to embrace digital payments through the ArifPOS system. Notably, several banks have outsourced their point-of-sale (POS) operations to Arifpay, benefiting from streamlined merchant recruitment, customer service and support, as well as POS monitoring and management. This collaboration has not only improved operational efficiency but also facilitated deposit mobilization for the partnering banks.

One of the key highlights of Arifpay 2.0 is the introduction of an online payment system that seamlessly integrates with e-commerce companies, delivery services, hotels, transportation providers, logistics firms, and humanitarian aid groups. This system aggregates and accepts debit cards and digital wallets, offering merchants a convenient and efficient payment solution. To deploy the Arifpay Online Payment tool, interested merchants can visit the Arifpay website.

Additionally, Arifpay 2.0 brings an upgraded version of ArifPOS to the market. This enhanced point-of-sale system not only accepts card payments but also supports wallet transactions. It features a centralized terminal management system that provides comprehensive control and monitoring of ArifPOS devices. The user interface and overall experience have also been enhanced to ensure a seamless and user-friendly interface for both merchants and customers. The ArifPOS device can be purchased directly from the Arifpay website.

During the launch event, Arifpay acknowledged the trust placed in its payment systems by key merchants and highlighted its partnerships with industry players such as EthSwitch, Telebirr, Mpesa, Moneta (Amole), and Enat Bank.
Arifpay also extended an invitation to all developers in Ethiopia to join its developer community. By registering on the Arifpay website, developers can access the resources and support needed to contribute to the ongoing development of Arifpay’s innovative payment solutions.

With the launch of Arifpay 2.0, Arifpay Financial Technologies S.C aims to revolutionize the digital payment landscape in Ethiopia, driving the adoption of secure and convenient payment solutions while contributing to the country’s overall economic growth and development.