AzamPesa Tanzania Limited is a mobile money service provider operating under the Bakhresa Group, one of East Africa’s largest conglomerates. Established to enhance financial inclusion, AzamPesa offers a range of digital financial services designed to be accessible, affordable, and user-friendly for Tanzanians across all mobile networks. Headquartered in Dar es Salaam, with its business office located at Plot No. 208, Oysterbay Street, Haile Selassie Road, AzamPesa is licensed by the Bank of Tanzania and regulated under the National Payment Systems Act, 2015, and the Electronic and Postal Communications Act, 2010. This regulatory framework ensures that AzamPesa operates within the legal standards set for financial service providers in the country. AzamPesa’s suite of services includes sending and receiving money, bill payments, airtime purchases, government payments, and access to banking services. The platform is accessible via a mobile application available on iOS and Android devices, as well as through USSD code 15008#, ensuring that users without smartphones can also utilize the services. Notably, AzamPesa offers zero charges for transactions between AzamPesa users, promoting cost-effective digital transactions. Security is a cornerstone of AzamPesa’s operations. The platform employs bank-grade security measures to protect user data and transactions. Additionally, registration processes incorporate biometric verification and integration with the National Identification Authority (NIDA) to ensure secure and reliable user identification. AzamPesa’s commitment to affordability and innovation positions it as a significant player in Tanzania’s financial technology landscape. By providing accessible financial services, AzamPesa contributes to the broader goal of increasing financial inclusion and reducing reliance on cash transactions in the country.
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