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Electronic / Digital Payments Landscape and Platforms – Tanzania



“The Country Reports (Kenya, Nigeria, Malawi, Botswana, Uganda, Zambia, Ethiopia) are aimed at providing in country market intelligence of participating financial institutions, their stakeholders and service providers.


Each country report deals with an executive summary of the Sub Saharan region it falls into e.g. SADC, ECOWAS, COMESSA (East Africa Community). The banks within each country is categorised into PAN African, Regional and Local (in country) according to their growth and strategic aspirations.


The Landscape section in each report gives a thorough background to Sub Sahara Africa and its tantalising potential for mobile financial services and the implications for payment providers. we explore the monetary inefficiencies that exist and how that gives rise to new methods of payments.


Each country contains a tabular overview with detailed country demographics and statistics including the current economic, social facts and challenges that may exist.


A detailed Environmental scan of each country focusses on the current payments environment and the various method of payment challenges. Specific to each country we outline the technology, trends and innovation with regards to the payment’s environment and its interaction with the Fintech community and start-ups. Digital payments infrastructure and some key questions (such as increasing payment acceptance, the ability to pay electronically, consumer functionality and the ever-growing number of increased payment options) for payment professionals to be considered.


G2C digitisation is high on each African government agenda as is Financial Inclusion. Such various policies and initiatives instituted by various governments are outlined, including the impact of this on each payment ecosystem.

Regulatory aspects are key to each country and is outlined in respect the number of participating financial institutions and their structure. The financial institutions participation within the National Payments System (NPS) network is explored, how each countries NPS and network is setup locally and regionally. It includes traditional form setup such as the local Automated Clearing Houses, Payment cards Industry and mobile money.


The role of the Central Bank, NPS and the local Banking Association in each country is pivotal to its electronic payments performance and as such a thorough understanding of its services and commercial banks and others providing their strategy and challenges are detailed therein. For each of these their background, ownership, key stakeholders and participating financial institutions is explored with particular reference to how it engages with other local switching providers and other payment systems operators.


In the Banking section of each report, we provide a detail analysis of each in country bank. This includes a brief history of the bank, some key performance indicators and statistics such as products, services, number of branches, agents, payment channels (ATM, POS, Mobile) and customers are but examples tabulated, alongside the names of key management and executive operatives. We focus on the banks intended strategy, outline their significant products, systems infrastructure and service providers, intended future requirements and their digitisation program and associated aspirations and challenges.


Finally, we outline all other in country participating payment services, providers such as payment switches and other payment gateways. A background of each of these institutions, their key stakeholders, clients together with products and services are detailed.”