Visa on Mobile sets up shop in Tanzania as it seeks to expand regional footprint
Visa, the global leader in payments, today
announced a strategic partnership with Maxcom Africa PLC - a merchant
aggregator also known as Maxmalipo - that will enable more than 30,000
retailers in Tanzania to accept Visa on mobile payments, as well as 20,000
local agents to conduct cash deposits and withdrawals. This effort aims to
connect more Tanzanian consumers to the global payment system.
This follows Visa’s success in Kenya where the solution was launched in partnership with partnerships with Barclays Bank, Cooperative Bank, Ecobank, Family Bank, KCB Bank, National Bank of Kenya, NIC Bank, Prime Bank, and Standard Chartered Bank. This comes as part of Visa’s strategic move to provide mobile payment services across East Africa.
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