The Bank of Tanzania has licensed DPO Pay, a subsidiary of One Payment Tanzania Limited and a leading provider of digital payment services in Africa.
Payment service providers (PSPs) in Tanzania must go through a stringent licensing application process in accordance with the National Payment System Act, 2015.
DPO Pay has been a prominent enabler of digital commerce in the Middle East and Africa (MEA) area since 2006, and it was recently bought by Network International. Since the requirements for providing safe and uninterrupted services to merchants and partners differ from country to country, the payments provider has worked closely with regulators throughout the continent to get new licences.
DPO Pay has substantial experience in the travel and tourism sector, and as a result, it has achieved widespread recognition and trust among prominent businesses across a wide range of sectors, including hotels and resorts in Arusha, Dar es salaam, and Zanzibar. The organisation has also become the go-to for big regional merchants including airlines, hotels, e-commerce sites, and logistics firms when it comes to accepting payments. DPO Pay is dedicated to growing its network by partnering with industry leaders and meeting the varying demands of merchants across a wide range of sectors.
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Judy Waruiru, CEO of DPO Pay, said, “We are pleased to receive this approval from the Bank of Tanzania, which highlights our steadfast commitment to compliance and regulatory standards.” The success of businesses of all sizes in the digital age is a direct result of our efforts to provide access to financial services and promote economic growth in Tanzania. We are committed to maintaining a high standard for transaction security and will continue to implement rigorous data protection protocols and follow best practises in the industry.
Merchants and customers alike can have faith in the organisation because of the extensive security measures in place to protect their personal data and ensure honest dealings at all times. Merchants can now accept payments from customers anywhere, at any time, with the improved DPO Pay Mobile software.
DPO Pay’s effective payment solutions make it possible for customers all over the African continent to use a wide variety of local and international payment methods. Its integrated payments system allows businesses of all sizes in more than 20 countries to accept payments safely, quickly, and in a variety of currencies and methods, such as credit cards, mobile money, bank transfers, USSD, and electronic funds transfers (EFT).
About DPO Pay
DPO Pay is a payment service provider and payment gateway that allows businesses to collect online payments and get paid from shoppers in Kenya and internationally. Receive payments in KSH, USD, GBP, or any currency of your choice.
DPO Group is the leading African payment service provider (PSP), Which enable businesses and individuals across the continent to accept payments online with all currencies and payment methods, including all major cards, mobile money, and e-wallets.
