More payment methods

Tigo Pesa

Catalysing Financial Inclusion through Mobile Money in Tanzania

Tigo Pesa is a mobile money service offered by Tigo, a leading telecommunications company in Tanzania. Designed to address the unique financial needs of the Tanzanian population, Tigo Pesa provides users with a versatile platform for conducting mobile-based transactions, fostering financial inclusion and expanding access to financial services.

% of coverage
  • Country

    Tanzania

  • Population

    67.1 million (estimated)

  • Number of Internet users

    20.6 million

  • Popular payment methods

    Mobile money (Halo Pesa, M-Pesa), Cash payments, Bank transfers, Debit cards

% of coverage
  • Credit Card

    4%

  • Debit Card

    12%

  • E-Wallets

    60%

  • Cash Payments

    18%

  • Bank Transfers

    5%

  • Other

    1%

Payment Method Overview
  • Type:Mobile Money Service
  • Currency:Tanzanian Shilling (TZS)
  • % of coverage:38% of Tanzania's adult population (estimated)
  • Money transfers to date:> 1.7 billion transactions annually (estimated)
  • Total customers:> 10 million (estimated)
  • Refunds:Yes, subject to Tigo's terms and conditions)
  • Chargebacks:No

About payment system

Tigo Pesa stands as a driving force behind Tanzania’s pursuit of financial inclusion and the transformation of the financial landscape. The mobile money service provides Tanzanians with a comprehensive platform for mobile-based transactions, allowing them to send and receive money, pay bills, purchase airtime, and even access microfinance services.

The process begins with users creating Tigo Pesa accounts linked to their mobile phone numbers. Once registered, users can fund their accounts by depositing cash at authorized agents or transferring funds from their bank accounts. These funds can then be used to conduct a wide range of transactions, from peer-to-peer money transfers to making payments to merchants.

Tigo Pesa’s significance is particularly notable in regions with limited access to traditional banking infrastructure. The service leverages mobile phones to bring essential financial services to urban and rural areas alike, bridging gaps in financial access and enabling individuals to manage their finances more effectively.

The user-friendly interface, wide availability of agents, and Tigo’s commitment to community engagement contribute to Tigo Pesa’s success. By democratizing financial services and fostering a culture of mobile-based transactions, Tigo Pesa exemplifies Tanzania’s drive to create a more inclusive financial ecosystem, where every citizen has the opportunity to participate in and benefit from the modern economy.





Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

google pay png

GPay

GPay: Discover payment solutions worldwide

GPay is a mobile payments method developed by Google. Discover other payment solutions at spoynt.com

Logo (9)

Paylib

Paylib: Discover payment solutions in France

Paylib provides a secure and seamless way for users to make mobile payments, whether for online shopping, contactless in-store transactions, or peer-to-peer transfers.

SPEI

SPEI

Online banking

SPEI is a Mexico's premier electronic funds transfer system.

Pago Efectivo

Pago Efectivo

Online banking

Pago Efectivo is a cash payment method tailored to the Latin American market.

NIP (Nigeria Interbank Payment)

NIP

Online banking

NIP is an electronic payment solution that enables seamless and secure fund transfers.

HUMO logo png

HUMO

Credit/Debit card

HUMO is a prominent digital payment platform in Uzbekistan.

PSE

PSE

Online banking

PSE is Colombia's primary online payment gateway, designed to facilitate electronic fund transfers.

WeChat Pay China

WeChat Pay

Digital wallet

WeChat Pay is a mobile payment and digital wallet service integrated into WeChat.

Mobiphone Money

MobiFone Money

MobiFone Money: Discover payment solutions in Vietnam

MobiFone is the first mobile money service provider in Vietnam. Discover other payment solutions at spoynt.com

Logo (3)

Klarna

Klarna: Discover payment solutions

Klarna is one of the leading Buy Now Pay Later (BNPL) services globally, operating in over 17 countries and serving over 450,000 merchants.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.