EthSwitch, Ethiopia’s national payments switch, has reported a gross profit before tax of ETB 2.6 billion for the 2025/26 financial year, highlighting the rapid growth of interoperable digital payments in one of Africa’s largest and fastest-growing economies.
During the year, the company processed 387 million interoperable transactions worth ETB 1.26 trillion, reflecting increasing adoption of digital financial services and stronger integration across Ethiopia’s banking and payments ecosystem.
Person-to-person (P2P) transfers dominated transaction volumes, accounting for 242.6 million transactions valued at ETB 1.06 trillion. ATM interoperability generated 131.5 million transactions worth ETB 189.2 billion, while point-of-sale payments reached 3.9 million transactions valued at ETB 10.7 billion. Transactions conducted through the ETHQR platform exceeded 551,000, with a total value of ETB 6.8 billion.
The results cap a milestone year for EthSwitch as Ethiopia continues to modernise its payments infrastructure and expand financial inclusion.
A key development was the launch of EthSwitch’s new five-year strategic plan for 2026/27 to 2030/31, outlining the company’s next phase of growth and innovation. During the year, EthSwitch also completed the migration of all person-to-person transfers to the EthioPay Instant Payment System (IPS), strengthening the country’s real-time payments capabilities and enhancing interoperability across financial institutions.
