Tanzania: Mobile Money Transactions Hit 50tri/-

16 June 2017

Money Transfer

Mobile money transactions in 10 months ending April this year reached 1,444.6 million worth 49.99tri/-, thanks to interoperability among the four major mobile payment services providers.

According to the Bank of Tanzania (BoT) Monetary Policy Statement (MPS), the transactions and their value are much higher than 1,217.70 million transactions valued 43.86tri/- that took place during a similar period of the preceding year.

Source: Tanzania Daily News