NEWS: Dangote Orders Two Hydrogen Reformers for Ethiopia’s Gode Fertilizer Complex
NEWS: Ethiopia Targets Eight OTC Securities as Treasury Bill Trading Lags
NEWS: Dashen Launches Air Pay for Merchant Payments Without Account Numbers
NEWS: Nyala Insurance Reports Assets Above Birr 7 Billion, Expands Service Strategy
NEWS: IEA Flags Ethiopia’s Electricity Access and Financing Gaps Despite Generation Expansion
NEWS: Ethiopia Processes 1.09 Million Digital Business Services in Three Months
NEWS: Kacha Signs Five-Year Mastercard Agreement to Expand Ethiopian Card Issuance
NEWS: Ethiopia Scores 45% on Electrification Deployment but 38% on Enablers
NEWS: Ethiopia Targets 4.4 Million Off-Grid Household Connections by 2035
NEWS: Ethiopia Signs Canada Market-Access Agreement Ahead of November WTO Talks
News - Financial

Dashen Launches Air Pay for Merchant Payments Without Account Numbers

Oct 29, 2026
Dashen Launches Air Pay for Merchant Payments Without Account Numbers

Reported 28 October 2026. Thumbnail: editorial illustration.

Key Takeaways

  • Dashen Bank has launched Air Pay within its Super App for payments to nearby registered merchants.
  • Account numbers, phone numbers and QR-code scanning are unnecessary for selecting the recipient.
  • Customers select a merchant, enter an amount, review details and authorise payment with a PIN.
  • Participating businesses can register customer information and transaction details through the platform.
  • Merchant enrolment, development investment and expected Air Pay transaction volumes were not disclosed.
  • Payments from other banks’ applications have not been confirmed; the service currently operates through Dashen’s Super App.
  • Regulatory and account-level restrictions remain unspecified despite the bank’s claim of no specified payment amount limit.

Market Impact

  • Air Pay combines merchant discovery and payment inside Dashen’s application.
  • The bank aims to reduce payment delays. Undisclosed enrolment and transaction volumes leave adoption unquantified.

Key Numbers

  • 387m — EthSwitch interoperable transactions, 2025/26 — market context, not Air Pay volume.
  • 551,500 — system-wide QR transactions — reported payment-channel context.
  • Undisclosed — Air Pay merchant count — rollout scale unknown.

Business Signal

  • Dashen is simplifying merchant payment collection, while adoption and cross-bank reach remain unquantified.