Nib International Bank has introduced two new digital payment applications, Nib Amber Pay and Nib Paystream, aimed at enhancing payment convenience and streamlining business transactions.
The launch event, held at the bank’s headquarters, featured remarks from the bank’s CEO, Henok Kebede, who outlined the key functions of the new services. According to Henok, Nib Amber Pay is designed to facilitate business transactions by allowing customers to receive payments securely while also monitoring their business activities via mobile devices.
The second product, Nib Paystream, is intended to support online transactions, enabling businesses to receive digital payments for their services.
Nib Amber Pay offers four different payment methods and is particularly tailored for businesses with multiple sales staff, allowing them to receive payments from a single account through a mobile application.
Henok stated that the introduction of these digital services aligns with the bank’s ongoing efforts to modernize its financial operations and enhance service delivery through technology. The bank also announced plans to continue adopting and implementing new digital solutions in the future.
