Tanzania Mobile Money
- Geographic Reach
Tanzania
- Gender
No
- Geographic Region
East Africa
- Coverage
Domestic
- Year Of Establishment
2016
- IPS Type
Mobile-money
- Interoperability Arrangement
Multilateral
- Governance Typology
Industry led
- Ownership Model
Participant-owned
- System Owner
Mobile Money Operators
- Overseer
Bank of Tanzania (central bank)
- System Governance
Mobile Money Operators
- Operator
Mobile Money Operators
- Settlement Agent
Mobile Money Operators
- Number of Unique IPS End Users
-
- Total Number Of Participants
6
- Number of Direct Participants: Commercial Banks
-
- Number Of Direct Participants: E-money Issuers
6
- Number of Direct Participants: MFIs
-
- Number of Direct Participants: Other
-
- Number of Direct Participants: Post Office
-
- Indirect Participants Type
-
- Number of Indirect Participants
-
- Supported Use Cases
P2P, P2B , P2G , B2B, G2P, B2P, Cross border
- Supported Instruments
E-money
- Primary Local Channel
USSD
- Supported Channels
USSD, Agent (e-money), App, Browser, QR Code, ATM
- QR Code Enabled Type
-
- Messaging Standard
Proprietary
- Proxy ID
Bank account number , Mobile phone number, QR code
- Other Proxy ID Type
-
- Business Model
For-profit
- Pricing Structure
Cost, Business and tiered based
- Scheme Rules Public
No
- Additional Recourse Requirements
Yes
- Dispute Resolution Mechanism
-
- API Functionality
Yes
- Startup Funding Source
Parent Companies and Shareholders of the Mobile Money Operators
- Participation in Decision Making
No
- Mechanism for Decision Making
-
- Ability to become Direct Participants
No
- Entities that cannot Participate
Only participants with business interest
- Min Value for Transactions
1 TZS
- Corporate Structure
Private limited company
- Other Corporate Structure
-
- Pull Payment (Request to Pay) Enabled
-
- Third Party Connections Enabled
-
- realTimePaymentConfirmation
-
- Transaction Validation Enabled
-
- Inclusivity Ranking
Basic