ClickPesa
Financial Solutions
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 …
Why did we decide to build a solution to for your invoices? Many SMEs are missing tools to– create a simple invoice;– keep track of digital incoming payments;– enable their customer to pay quicker– keep a list of customers. With ClickPesa a business can create digital invoices that includes the services and products sold, currency …
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 …
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, …
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 …
E-commerce webshop in Tanzania, what do you need? Setting up an e-commerce webshop is like building a house architecture and budget need to be agreed before the decoration. Once the specification about what type of online business has been agreed, then solutions need to be evaluated and costed against those specifications. Take the following in …
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 …
