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NewNet & Advantech Transform Ethiopian Banking with Secure Payment Tech

NewNet & Advantech deploy AccessGuard 1000 payment systems for Ethiopian banking acquirer, enhancing security, efficiency & scalability in digital transactions across Africa.

This deployment represents a significant advancement in Ethiopia's financial infrastructure that directly impacts both businesses and consumers. For merchants and businesses, it means faster, more secure payment processing with reduced operational bottlenecks, potentially lowering transaction costs and improving cash flow. For consumers, it translates to more reliable payment experiences whether using mobile payments, QR codes, or traditional POS systems. The enhanced security protocols protect sensitive financial data across all transaction types, reducing fraud risk. As Ethiopia's economy continues to grow and digitalize, this infrastructure upgrade positions the country for better integration with global financial systems and supports the broader adoption of digital payments, which is crucial for financial inclusion and economic development across Africa.