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Mobile money in Tanzania is a mobile phone-based platform providing a wide array of financial services to a significant portion of the Tanzanian population.

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How it Works?

  • Users register for mobile money services with their mobile phone numbers through providers like M-Pesa, Airtel Money, and Tigo Pesa.
  • They can deposit and withdraw cash at a widespread network of mobile money agents.
  • The system enables instant sending and receiving of money between users.
  • It facilitates various transactions such as bill payments, airtime purchases, and access to other financial products like savings, loans, and insurance.

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Payment Method type

Users can use the below payment method type to create a transaction using mobile money in the available geography:
  • Tanzania: mobile_money_tzs

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Functionality

FunctionalityYes/No
Refund Support
Full Refund✅
Partial Refund✅
Generally Available✅
Disputes and Chargebacks❌

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Limits and Expiration

The following is the upper and lower limits for Mobile Money transactions:
  • Minimum Limit: USD 0.5
  • Maximum Limit: USD 1929
The default expiration for a transaction is 5 Days.

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User Experience

Redirect Experience for more details, click here