This system, called “Zuriya,” was reportedly the first in the banking industry to integrate point of sale, accounting, and asset management. Eta Solutions Plc developed this system, which accepts all domestic and international cards and provides accounting services authorised by the Ministry of Revenue. It is also said to provide an integrated service that simplifies asset management for merchants.
Customers will reportdly find it simple to pay using the new point-of-sale system, which will also give them a receipt with all of their payment details in one location. In addition to helping to create a society that is quick, transparent, safe, and cashless for business transactions, the technology known as “Zuriya” is believed to be a business solution designed for the nation’s commercial environment. Reports state that this service seeks to expand and encourage access to financial solutions that are essential to the operations of restaurants, retail establishments, hotels, importers and exporters, and spa and gym service providers.
Ethio-Telecom will be responsible for establishing the Zuriya platform and leveraging the telecom infrastructure for the service, in addition to executing the agreement made with Eta Solution PLC to market and distribute Zuriya to Telebr and clients and merchants involved in the business sector generally. In addition to providing the foreign exchange needed to import the machines used for this service, Dashen Bank will make it easier for service providers to obtain the equipment by enabling them to offer “Buy Now, Pay Later” finance to their clients.
Additionally, customers will have an easy way to make payments thanks to the integration of Dashen Bank’s payment services with services provided worldwide. The three organisations are expected to enhance their services over the course of the next two years by providing over 10,000 merchants with state-of-the-art digital solutions that support operational effectiveness and financial inclusion.