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HomeSend, Mastercard aim to transform the $3bn remittance industry in Ethiopia

Remittance service launched with CBE signals evolution of Ethiopian payment ecosystem

image003Addis Ababa, Ethiopia – September 21, 2016 – HomeSend and the Commercial Bank of Ethiopia (CBE) today announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country.

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