Vodacom Tanzania and WorldRemit Launch Mobile Money Transfers to M-Pesa Accounts in Tanzania

Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad. The new service increases convenience for money transfer recipients in urban and rural areas of Tanzania as they can receive international money transfers directly to

Diamond Trust Bank Joins Mastercard & DPO Group to Extend Digital Payments to Global Markets

Innovative digital business-to-business payment solution to be rolled out across other African markets following launch in Kenya and Tanzania Diamond Trust Bank (DTB), the East African banking group, has joined African payment services provider DPO Group, and Mastercard, the global payments technology company, in the rollout of a business to business (B2B) virtual payment card

Ecobank Announce Winners of 2018 Fintech Challenge

Winners of the 2018 Ecobank Fintech Challenge were announced at a ceremony held at Ecobank’s headquarters in Lome, Togo on 30th August 2018. Nala, from Tanzania, beat the ten other finalists to emerge as the overall winner of the competition. Virtual Identity from South Africa and Wallet.ng from Nigeria were the first and second runners

Mastercard and Selcom Help Shift Tanzania Towards a Cashless Economy

Mastercard and Selcom have expanded their collaboration by signing a seven year strategic partnership agreement to introduce a variety of payment solutions in the country, thus supporting Tanzania’s goal of becoming a cashless economy. Tanzanian’s will be enabled to transact more conveniently, quickly and securely at more payment acceptance locations. Already consumers, retailers and local

Tigo Pesa Masterpass QR Payments Solution Goes Live in Tanzania

Mastercard and Tigo have announced that Tanzanian’s can now use their Tigo Pesa app to make quick, easy and secure payments with Masterpass QR. The interoperable QR (Quick Response) solution is now live and ready for Tigo consumers to use it at various stores, restaurants and retail outlets across the country. Tigo Pesa Masterpass QR

Tigo Tanzania Achieves Global Mobile Money Certification

Tigo Tanzania’s mobile financial services business, Tigo Pesa, has received the GSMA Mobile Money Certification, recognizing Tigo’s ability to deliver safe, transparent, reliable and more resilient services that promote consumer rights and prevent malicious transactions. Tigo Pesa is amongst the first mobile financial services providers around the globe to be certified by the GSMA. The

Mastercard Partners with Selcom to Expand Financial Inclusion in Tanzania

Mastercard’s partnership with Selcom, a leading East African fintech, will enable the global technology leader to expand its mobile payments solution, Masterpass QR, in Tanzania. The partnership will provide Mastercard access to Selcom’s established network of merchants in Tanzania and the two will work to empower these merchants to accept QR payments.  Additionally, the partnership will

FINCA Trailblazes Digital Financial Inclusion Drive in Tanzania

Efforts to bolster digital financial inclusion in Tanzania and indeed other countries in Africa have received a shot-in-the-arm following a productive conference organized by FINCA Micro-Finance Bank Tanzania in partnership with the Mastercard Foundation. Bringing in experts, institutions and other players in the financial sector, the conference, held in Tanzania’s commercial capital, Dar es Salaam,

Tigo Pesa to Offer Masterpass QR in Tanzania

With over 40 million mobile users in Tanzania, there is a real opportunity to use technology to financially connect those not yet included. Tigo Tanzania, Mastercard and leading local fintech Selcom have partnered to introduce Masterpass QR on Tigo’s Mobile Financial Services platform, called Tigo Pesa. Almost seven million registered wallet holders of the Tigo Pesa solution will be able

Barclays Africa Group and Frontclear Partner to Develop Africa’s Interbank Markets

Barclays Africa Group Limited (BAGL) has signed a 2-year agreement to provide financial support to the Frontclear Technical Assistance Programme (FTAP) through the latter’s Partnership Facility. The contribution reflects the bank’s commitment to building inclusive, stable and liquid interbank market development through providing training, regulatory support and essential market infrastructure. The programme will be rolled-out