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Ethiopia: NOC Launches E-Card System

National Oil Ethiopia (NOC) launched an e-card system for all its services to reduce paper money transaction, Ethiopian News Agency reported.

Customers can effect payment for the services they are provided by the company via e-card system in over 100 oil stations throughout Ethiopia.

NOC, via e-card system wants to end paper money transaction for all its products and services including fuel, lubes, mart and café services.

Tadesse Tilahun, Chief Executive Officer of NOC, said this system permits fleet managers limit the use of card for types, amount and volume of products and even choose stations, thus reduce mismanagement.

The CEO also noted e-card system will be an instrument to do away with illegal activities in connection with paper money exchange.

Source: Ethiopian News Agency