February 2022

Speaker 1

A digital payment, sometimes called an electonic payment is the transfer of value from one payment account to another using a digital device such as a mobile phone, POS (Point of Sales) or a computer, a digital channel communications such as mobile wireless data or SWIFT (Society for the Worldwide Interbank Financial Telecommunication).

We navigated through different digital payments that are currently used locally in our country, Tanzania and international wise. Since technology is evolving, it is in the nearest future we will be using cashless methods.