B-Pesa Lands China’s Unionpay Deal

B-PESA has inked deals with UnionPay, a move that gives the newly introduced prepaid bank loop card a wider operating territory outside Tanzania, covering 1.6 million ATMs and over 12 million merchants in 142 countries. Apart from UnionPay, many Tanzania based banks have expressed interest in partnering with Smart Banking Solutions (SBS) – the company

B-Pesa Rolled Out in Tanzania

Smart Banking Solutions Limited (SBS) has introduced the first prepaid bank grade closed loop card of its kind in Tanzanian market, named B-PESA. Speaking shortly before unveiling the B-PESA card at a ceremony held in Dar es Salaam on Wednesday, the SBS Managing Director Mr Gustav Vermaas said the card allows a customer to transact