Page 11 - Tanzania-Enabling-Mobile-Money-Policies
P. 11
the GroWth oF moBiLe moneY in tanZania: PoLiCY-enaBLed and marKet-Led
Financial Inclusion is essentially a multi-faceted concept. It is a holistic approach that allows a layering of all elements. […] In Tan-
zania growth and usage of mobile money payment infrastructure has provided an opportunity for increased access to other services
such as saving, credit, insurance (risk mitigation), pension (long term saving) and securities (saving for investment), mapping
clearly to the concept of core enablers […]. Tanzania does not have an all-encompassing electronic payment system. The growth of
mobile base payments platform/system through mobile money offers a great infrastructure from which both basic and advanced
financial services can be delivered to majority of Tanzanians.
Bank of Tanzania
National Financial Inclusion Framework 13
map 1
financial access in Tanzania 14
4 680 17 355 17 3
203 55
13
3992 6
2632 88
68
26
519 16 117
186 666 86 3
8
49
TANZANIA 88 5049
1046
8
135
4
1506 4 78
194 5
3
287
1 287
FINANcIAl ServIce locATIoNS
bANk bRANCHEs (504) MObILE MONEY AgENT (17,541) MObILE COVERAgE
OffsITE ATMs (393) MfIs (1,152)
13. tanzania national Council for Financial inclusion (2012), cit., 15.
14. Source: Financial access maps, http://www.fspmaps.com/, retrieved on 11 February 2014.
5
Financial Inclusion is essentially a multi-faceted concept. It is a holistic approach that allows a layering of all elements. […] In Tan-
zania growth and usage of mobile money payment infrastructure has provided an opportunity for increased access to other services
such as saving, credit, insurance (risk mitigation), pension (long term saving) and securities (saving for investment), mapping
clearly to the concept of core enablers […]. Tanzania does not have an all-encompassing electronic payment system. The growth of
mobile base payments platform/system through mobile money offers a great infrastructure from which both basic and advanced
financial services can be delivered to majority of Tanzanians.
Bank of Tanzania
National Financial Inclusion Framework 13
map 1
financial access in Tanzania 14
4 680 17 355 17 3
203 55
13
3992 6
2632 88
68
26
519 16 117
186 666 86 3
8
49
TANZANIA 88 5049
1046
8
135
4
1506 4 78
194 5
3
287
1 287
FINANcIAl ServIce locATIoNS
bANk bRANCHEs (504) MObILE MONEY AgENT (17,541) MObILE COVERAgE
OffsITE ATMs (393) MfIs (1,152)
13. tanzania national Council for Financial inclusion (2012), cit., 15.
14. Source: Financial access maps, http://www.fspmaps.com/, retrieved on 11 February 2014.
5
