The facts of the online and mobile payment systems in Tanzania, recap of the last Mobile Monday.

Interesting update on the current situation of mobile money, mobile banking, and mobile payments in Tanzania. I look forward to my upcoming trip there in March.

TANZICT

On Monday, 20th of January 2014 Buni space in cooperation with the Mobile Monday team organized a Mobile Monday session with the theme “Status of Mobile and Online Payment in Tanzania”

The facts of Mobile Payment systems in Tanzania, opening the discussion during the session, Vodacom Tanzania Head of e-commerce operations Mr. Franklin Bagalla  talked about the scope and the opportunities that comes with the mobile payment systems in Tanzania and the necessity of the systems. Mr. Bagalla shared the story of M-Pesa Tanzania and how they are changing lives. According to him M-Pesa is all over Tanzania and it has been among the major sources of financial inclusion, giving the poor the opportunity to be involved in the formal financial sector of Tanzania. He believes with all the opportunities that comes with mobile money we should be able to exploit more by creating a “cashless society”. He talked about…

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