Tanzania’s mobile money market has continued to expand, with active subscriptions reaching 87.05 million in June 2026, as the country steps up efforts to build a cashless economy.
By
Gadiosa Lamtey
Business Reporter
Mwananchi Communications Ltd
Dar es Salaam. Tanzania’s mobile money market has continued to expand, with active subscriptions reaching 87.05 million in June 2026, as the country steps up efforts to build a cashless economy.
Tanzania recorded a sharp increase in cross-border mobile money inflows in 2025, with the value of incoming transactions rising…
The Tanzania Instant Payment System (TIPS) processed 651 million transactions worth Sh54.95 trillion in 2025
There is a tendency to view sector reports through the lens of growth alone. Subscriptions rise, transactions increase and…
The number of merchants accepting digital payments increased to 2.79 million, up from 1.33 million in 2024
Growing internet access, wider smartphone usage and the rapid expansion of mobile money services are reshaping financial access…
Financial experts have expressed mixed reactions to Tanzania’s accelerated push towards a cash-lite economy, following the…
