mobile_money_tzs
Mobile money in Tanzania is a mobile phone-based platform providing a wide array of financial services to a significant portion of the Tanzanian population.
How it Works?
- Users register for mobile money services with their mobile phone numbers through providers like M-Pesa, Airtel Money, and Tigo Pesa.
- They can deposit and withdraw cash at a widespread network of mobile money agents.
- The system enables instant sending and receiving of money between users.
- It facilitates various transactions such as bill payments, airtime purchases, and access to other financial products like savings, loans, and insurance.
Payment Method type
Users can use the below payment method type to create a transaction using mobile money in the available geography:
- Tanzania:
mobile_money_tzs
Functionality
| Functionality | Yes/No |
|---|---|
| Refund Support | |
| Full Refund | ✅ |
| Partial Refund | ✅ |
| Generally Available | ✅ |
| Disputes and Chargebacks | ❌ |
Limits and Expiration
The following is the upper and lower limits for Mobile Money transactions:
- Minimum Limit: USD 0.5
- Maximum Limit: USD 1929
The default expiration for a transaction is 5 Days.
User Experience
Redirect Experience
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Updated 3 days ago