Adopting Card-Based Payment System in EthiopiaAdopting Card-Based Payment System in Ethiopia
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Date
2007-03
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Publisher
A.A.U
Abstract
This project is an explanatory research to evaluate whether the currently prevaijing
conditions in the country are sufficient to introduce card-based payment. A framework
evaluation approach is used to analyze the existing conditions. The research
methodology used is an in depth interview of key informants from relevant institutions
to the subject. Ethiopia is a country which had its own money in ancient times7 but
now it is one of the few countries that use ancient payment system- cash-based
payment. But this situation must be changed at some point and the country needs to be
acquainted to modern payment systems7 such as card based payments that developI17g
countries7 including those in Africa are using. Currentl~ there are recent Initiations
started by commercial banks. The necessary frameworks for this purpose are found [0
be weak but they are sufficient to begin the operation of card based payment system in
the country. To this end, all the stakeholders Including the government must jOin
hands to strengthen the weak pOints and smoothen the process of adopting the system.
Description
A Prject For The Partial Fulfillment Of A
Masters Degree In Business Administration
Keywords
Payment System