On a Friday night about six months ago, a local journalist was on her way home after a long stay at the office. As usual, she went on the Feres taxi-hailing app and requested a corporate ride for a trip from the Stadium area to her home in the city’s outskirts around the Bole Arabsa neighborhood. A driver accepted the trip and informed her that he was on his way to pick her up. Being a regular customer of the Service, she assumed nothing out of the ordinary as she hopped into the vehicle that matched the credentials on the app. Just a few minutes into the ride, she realized that the trip was anything but ordinary as the driver began making sexual advances at her.
Entitled, “Value of Acceptance: Understanding the Digital Payment Landscape in Ethiopia”, the report reveals rapid digital payment adoption among small and medium-sized enterprises (SMEs), with the vast majority recognizing the benefits for consumers. The report presents an encouraging outlook for Ethiopia with over 80% of the surveyed SMEs having started to accept digital payments in the last two years, citing increased convenience, reduced fraud risk, and improved efficiency. Furthermore, 66% agree that investing in digital payment technologies will support future business growth. Continue Reading...
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