Telebirr: New Mobile Wallet Service in Ethiopia 2023 Update
What is Telebirr?
Nowadays carrying a wallet with all your money and credit cards is not preferable anymore. Well, at least if you have a tele birr account.
Tele birr is a mobile payment and digital wallet service provided by Ethio telecom that lets customers make different financial transactions using their phones at hand.
The service telebirr mainly supports people living in urban areas having different economical and social pressure. It was launched in Ethiopia Addis Ababa on may 11,2021.
High government officials including prime minister Abiy Ahmed, attend the event of launching the telebirr app that took place in friendship square.
A mobile platform has been generated by the Huawei technology group. Currently, it has the capacity of processing up to 100 transactions per second, also they mentioned that it can scales up to 1000TPS in the future.
What are Telebirr Services?
Ethio telecom telebirr services enable you to deposit, receive, transfer and pay using a mobile number. You can have cashless transactions and receive international remittance. It also allows you to make payment at convenient stores via QR codes, purchase goods.
In the case of international remittance in order to know the daily exchange rate for all the banks in Ethiopia, you can visit Banks Exchange Rate.
How to Use/Register Telebirr?
So now that you all know what tele birr app is? what are tele birr services? Now, it’s time for the most important question of all: How to Use Telebirr or How to Register Telebirr.
Well, it’s an easy affair but first, you need to choose what option you can register and you need to follow fewer instructions. To make it easier, we are here to help so let’s begin.
1 Register Using Mobile Wallet App
- First, you need to Download the telebirr app.
- Open the telebirr app from the app drawer via your phone then you will be asked to choose quickly to create an account in this case Ethio Telecom will fill your profile or self creates an account that enables you to fill in the information by yourself, you can choose the preferable one for you.
- Now you will be asked to enter your mobile number and click get the code then you will get a six-digit code via SMS and enter next.
- Right now since step three is done you will receive a personal data page which consists of TITLE, ID TYPE, ID CARD, FIRST, MIDDLE, LAST NAME, GENDER, DATE OF BIRTH, PREFERRED LANGUAGE. After checking and filling in personal information click submit.
- Once you submit you will receive a default pin via SMS and you will be asked to create a new pin to activate the new account click finish and accept the terms and conditions.
Finally, you will receive SMS. You can log in and start using tele birr
services.
2 Register Using USSD Shortcode
- Dial *127#.
- Register for tele birr OK.
- Type your First name, Middle name, Last name OK.
- Fill in your birth date OK.
- Enter invitation code.
- Select OK for the confirmation pop-up.
- You will receive a pin via SMS.
- Dial *127# to activate your account.
- Enter your default PIN OK/SEND
3 Register Using Telebirr Agent
Simply you can go to your nearest telebirr shop and simply can register and get benefits from different available services.
You can register as a telebirr agent using one of valid kebele ID, valid passport, valid taxpayers ID, Valid drivers license, Student ID, and Employment ID.
*NOTE-15 birr initial opening balance will be rewarded. within your bonus, you can only purchase airtime or make the local transfer.
Banks Using Telebirr
Starting from the 9th of September 2021, Ethio telecom announced that telebirr app is now officially working or linked with seven different banks.
Debub Global Bank, Commercial Bank of Ethiopia (CBE), Awash Bank, Bank of Abyssinia, Berhan Bank, Hibret Bank, and Enat Bank are the banks that are working with Telebirr app.
This collaboration with banks will help customers to make easy transactions from their bank account to telebirr account and benefit from the service.
Also, mobile wallet service is trying to integrate with different banks and financial institutions but for the current case, the above banks are the available ones for this service.
Bank of Abyssinia
Ecommerce Payment Gateway
Virtual Banking
Customer Support
E-Commerce
Simplify Customer Experience
Commercial Bank of Ethiopia (CBE)
Widely used Internet banking
Most bank with several branches and ATMs
Prize Linked Saving
CBE Birr CBE NOOR
For business
Awash Bank
Banking and Services for micro finance institutions
School Tution Fee Collection Services
Lucy Women's Saving
Business Banking
Plenty of business banking choices
Berhan Bank
Salary Fund Management
Premium Savings Accounts
Online School Pay
Berhan School Pay
Time saving payment method
Enat Bank
Women Banking
SME Banking
Enat Bilhat
Women Financing
Special Financing for Women
Hibret Bank
Hiber-ET
Hiber Shebamile Card
Hiber Agent Banking
Diaspora Banking
Convenient Banking
Debub Global Bank
Target Saving Deposit
Diaspora & Mortgage Mortgage Loan
Online Services
Financial Advisory
Free Advisory Service
Telebirr Agent
The impressive growth of a few pioneer initiatives like ethio telecom service in Ethiopia has demonstrated the potential of mobile banking.
However, the majority of mobile banking initiatives worldwide have had to retool or have yet to develop a business model that sustains all the companies involved, so here is where an agent is required.
Telebirr Agent Registration
Telebirr Agent is a service provided by Ethiotelecom that enabled agents to play a critical role in acquiring new customers, enabling them to transact, and keeping them satisfied.
Right now, there are two registering ways you can get registered either as a merchant telebirr agent or a tele birr agent.
1, Get Registered as a Merchant Telebirr Agent
A merchant is a person or company involved in wholesale trade, especially one dealing with foreign countries or supplying goods to a particular trade.
Payment will be conducted physically at a point of the wholesale process this is why it is called in-store payment or in-location payment.
This mobile wallet service enabled customers to pay via USSD code or mobile app this helps or benefit both the retailer and buyer to improve cash handling, Reduce queues at peak hours, Increase payment collection, Greater customer experience due to alternative payment, and option cashless- free from error and theft.
Examples of merchandise areas where this system works best are -refreshment areas (cafe, bar, lounge, restaurant), retailer shops, different governmental offices, health institutions, school owners for school fees.
Note- Merchant tele birr agent KEY task is to handle proximity payments.
REGISTER USING-merchant telebirr agent registration form
2, Get Register as a Fully Telebirr Agent
Telebirr agents involved in
Customer Registration-An agent is required to help customers throughout the whole registration process by giving full and defined information plus showing the different options for tele birr registration method.
Doing so, an agent will receive a 15 birr bonus for each successful transaction such as deposit cash, withdrawal cash, airtime popup.
Customer Education-tele birr agent is required to educate people about what’s tele birr, how to use tele birr, the pros and cons of telebirr, ways of registering, how to become a normal or merchant type agent about the commission, and so on.
Cash deposit-Agents are required to take money equivalent to the amount of deposited rate.
Cash withdrawal-Agents are required to process and facilitate the withdrawal for tele birr registered customers.
Cash voucher withdrawal-Agents are required to withdraw cash for non-tele birr registered customers.
Airtime pop up-Agents can sell different airtime services and get a 9 percent commission
REGISTER USING-telebirr agent registration form
Tele birr Agent Requirements
- Tax identification no (TIN.no)
- Trade or business license
- Bank account
- Email address
- Phone no
- Kebele id card
People also ask
People Also Ask (FAQs)
1, Can I have Multiple Telebirr Account?
– Yes, you can have multiple accounts with different services number but the financial transactions will be as NBE directives.
2, Do I Got Informed while Depositing and Withdraw Money?
– Yes, you will receive notification SMS from 127.
3, Can I Send Money to the Unregistered Users?
– Yes
4, How Can I Send Money to Unregistered Users?
- go to telebirr agents.
- give them your valid ID card and recipients phone no.
- The agents will transfer the money using their system.
- the recipient will receive a voucher number and notification.
- through the code, they can withdraw using a nearby agent shop.
5, If I Lost my Sim Card, will I also Lose my Telebirr Account?
– No, you will not lose because it’s protected by a six-digit pin.
6, How Much Money can be Transferred Per Day?
– Currently, you can transfer up to 8000 birrs per day.
7, How can I Reset my Pin?
– In order to reset pin you need to contact nearby telebirr agents, they will help you through the process finally you will receive a notification with your new pin.