ClickPesa
Financial Solutions
Starting 1st August 2025, all international money transfers into Tanzania will be required to be processed through the Tanzania Instant Payment System (TIPS), according to a directive issued by the Bank of Tanzania. This marks a significant shift in the way cross-border payments are handled in the country, aiming to increase efficiency, compliance, and innovation …
Tanzania is one of Africa’s most iconic safari destinations, home to the Serengeti, Ngorongoro Crater, and Kilimanjaro. If you’re planning a once-in-a-lifetime safari, it’s important to ensure that your payment to the tour operator is both secure and cost-effective, especially when booking from abroad. This article explores safely how to make payments to safari tour …
Embrace Digital Transformation: A Guide for Businesses in Tanzania In today’s information-driven economy, no business can thrive without embracing digital transformation. For businesses in Tanzania, digitizing operations is crucial for staying competitive in an increasingly fast-paced and tech-savvy marketplace. Digital transformation involves integrating technology into business processes, such as using accounting software, adding e-commerce capabilities, …
Why should SMEs digitize payments within their organization? While the costs, challenges, and risks of cash transactions may not have an explicit direct line item on the profit & loss statement, they are significant. A study by the World Bank, for example, estimates that the cost of cash handling in Uganda and Tanzania can be …
Leading business payments in Africa Let us start with a short case to picture what challenges ClickPesa solves. Merca Limited is a Tanzanian company that has been operating in Dar es Salaam for more than 6 years. Merca is a specialized procurement company for customers in East Africa. The company accepts payments from customers via a set …
What is the easiest way for companies to receive payments in Tanzania? You are an entrepreneur, business or freelancer in Tanzania, you work for clients based abroad, how do they pay you? PayPal is the best way to receive payments in many countries. But not in Tanzania. Many businesses hope will this comes eventually, a …
2018 has been a turbulent year for the Tanzania financial sector, five community banks got closed by the Bank of Tanzania (BoT) in early 2018 due to inadequate capital requirements. A couple of new banks entered, latest bank China Dasheng Bank Limited, got granted a banking license by the Central Bank of Tanzania (BOT), as a new commercial …
ClickPesa recently launched an initiative to consult, advise and educate around 500 merchants about using Electronic Payments in their places of business. This initiative is part of the “Electronic Payment Facilitation Dar-es-Salaam” program of ClickPesa. The program is conducted in areas of Dar es Salaam such as Sinza, Kijitonyama, Magomeni and Mwenge. These areas are known …
This article describes how the Tanzania Payment Industry has evolved. Tanzania is one of the fastest growing mobile money markets in the world. Currently transacting US$27.1 billion yearly, half of Tanzanian’s GDP. A 2016 study on the state of the mobile money market in Tanzania conducted by GSMA and research data of Bank of Tanzania (BOT) shows …
