About
Kacha is an Ethiopian mobile wallet run by Kacha Digital Financial Services S.C., which the National Bank of Ethiopia licensed as the country's first private payment instrument issuer. Unlike Ethio Telecom's telebirr, it is not tied to one mobile network: customers use the Kacha app or the 6774 USSD short code on both Ethio Telecom and Safaricom lines. Money is loaded and cashed out through agents and partner banks and microfinance institutions, including card-less withdrawals at ATMs, with interoperability through the EthSwitch national switch. Kacha ran a large-scale trial from April 2023 and formally launched commercial service on 20 October 2023.
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