Research | Payment Automation & Solutions

Digital transformation of businesses in Tanzania

February 19, 2024

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, …

What are the benefits of digital payments for SMEs in Tanzania

November 11, 2019

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 …

What is ClickPesa and why did we start it

July 11, 2019

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 …

East Africa – the heart of mobile money. What is next?

June 27, 2019

Rick Groothuizen of ClickPesa outlines the status of financial digitalization in East Africa and the progress that has been made in this emerging market. This post was originally posted in the Paypers. Mobile money refers to digital cash and enables people to do digital payments. The East African region, with countries such as Tanzania, Uganda, …

Insights into the Tanzania financial sector: a rapidly developing ecosystem

December 21, 2018

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 launches initiative to educate 500 merchants

September 11, 2017

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 …