Tigo Pesa and Mastercard offer QR payment solution in Tanzania

By professo

The Tanzanian mobile money service, Tigo Pesa, has partnered with the US-based financial company, Mastercard, to launch Masterpass QR in Tanzania.

The firms announced on 30 May that the payment solution was live and available for use in the nation.

Tigo Pesa Masterpass QR offers a quick, easy, and secure solution to cashless payments, allowing customers to pay at QR-code displayed checkouts with smartphones, or by using a merchant code.

“We are extremely proud to be the first and only mobile operator in Tanzania to offer this service to our consumers,” stated Simon Karikari, Managing Director of Tigo Tanzania.

“This innovation has come at the right time as we are broadening our Tigo Pesa ecosystem.”

SEE ALSO:

“We envisage Tigo Pesa becoming a fully-fledged financial service provider where customers are able to perform a variety of transactions.”

“With millions of Tanzanian’s preferring to use their mobile devices to pay for goods and services Masterpass QR will provide them with a fast, easy to use and secure way to pay for goods and services.”

“Our focus is to help Tanzania become a strong digital economic hub in Africa, and through the introduction of relevant technology innovation we will help displace the use of cash and create a more convenient and secure payment sector,” remarked Raghav Prasad, Division President for Sub-Saharan Africa at Mastercard.

“The partnership between Mastercard, Tigo and Selcom is a game changer for the country, and will help shape a new digital age of commerce in Tanzania.”

Share

Featured Articles

Top 10 largest revenue generating family businesses in MENAT

From the UAE to Turkey, these family firms are the largest by revenue in MENAT and cover everything from energy to entertainment

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Leadership & Strategy

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology