Tanzania

TZ · TZA · 834AfricaTZS TSh21 methods

Revised · 4 sources

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94% of Tanzanians use mobile money, making it the backbone of the country's financial system.

~25M

online population

~65%

banked adults

~2%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Mobile MoneyGoogle Pay70%
Cash—25%
CardVisa3%
Bank Transfer—1%
Other—1%

Methods in use

top 8 of 21 · by spend

MethodTypeShare

All 21 methods in Tanzania →

Checkout behaviour

M-Pesa, Tigo Pesa, Airtel Money, and Halotel Halopesa operate on a fully interoperable network.

USSD dominates at ~77% of market transaction volume due to widespread feature phone usage.

Facts

ISO 3166: TZ · TZA · 834
Region: Africa
Population: ~65M
Currency: TZS TSh
Banked adults: ~65%
Methods live: 21
Banks covered: 8

Largest banks

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Nigeria China United States United Kingdom

Sources

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