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ebirr
Ethiopia
2016 (9 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know ebirr
Company Information
Get to know ebirr
E-Birr is a telecom value-added and Mobile Financial Service provider established in 2016. E-Birr is using the safari one Mobile financial services technology (MFS) and customizing it in a way to fit the Ethiopian market. The Safarifone MFS (safariMFS) is a proven financial service platform that has been in use by many operators in the region servicing millions of customers making more than 5 million transactions per day. COOPay-E-Birr is a brand for the mobile financial services provided by the E-Birr and the cooperative bank of Oromia. COOPay-E-Birr provides a range of mobile financial services including utility payments, bank transfer, remittances, merchant payments, airtime recharges, e-commerce.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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