Tigo, Selcom and Mastercard in new drive to bridge online digital payments gap in Tanzania

Tigo Tanzania, Selcom and Mastercard Inc. have announced a strategic partnership that will see the three industry leaders revolutionize the digital payment ecosystem by enabling convenient online payments globally through the Tigo Mastercard virtual service via the Selcom’s card-as-a-service (CaaS) platform.

”As the leading digital lifestyle company in Tanzania we are always on the lookout, for such partnerships, our customers will now be able to complete online transactions that requires MasterCard credentials, while using funds from their Tigo Pesa wallets. It also means that this service will allow customers to quickly and conveniently pay for goods and services in the international market, we hope this partnership will improve user experience and accessibility to a vast array of MFS services”. Angelica Pesha-Tigo’s Chief Officer for Mobile Financial Services (MFS).

“At Selcom, we take pride in our unwavering commitment to innovation and excellence in the payment industry. We are thrilled to join forces with esteemed partners like Tigo Pesa and Mastercard to unveil our state-of-the-art mobile money wallet-linked virtual card. By constantly investing in our infrastructure and refining our market presence, we aim to deliver cutting-edge, dependable solutions that foster growth and success for our partners and customers alike.” Sameer Hirji- Selcom’s Executive Director

“Mastercard recognizes that consumers today are looking for simple and secure financial products that add more value to their daily lives. Our innovation approach is focused on enabling the digital transformation of our partners so that millions of customers can enjoy seamless access to a global payments eco-system with a superior user experience. Our technology is fully equipped to empower our partners to launch innovative and relevant solutions that will create a strong value proposition for all our customers. With our deepened relationships with the telecommunications industry players, this partnership with Tigo embeds our commitment to further expand customer choice and access to digital commerce.” Oyuga Lenin Representative from Mastercard