TAN-QR: How Does It Work and Why Do You Need It?
As Tanzania rapidly adopts digital financial systems, one innovation is central to making payments more seamless, inclusive, and interoperable: TAN-QR. TAN-QR, short for Tanzania Quick Response Code, is a national QR code payment standard introduced and mandated by the Bank of Tanzania to streamline and unify merchant payments across all financial service providers (FSPs), mobile …