A statement released by DPO Pay on July 11 2023, the Bank of Tanzania (BoT) has approved the company's application to operate as a payment service provider in Tanzania.The local company One Payment Tanzania Limited is the DPO's registered name.

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The business has obtained a license in accordance with the National Payment System Act of 2015, which stipulates that in order to offer payment services in Tanzania, Payment Service Providers (PSPs) must go through a rigorous application process.The license, according to DPO Pay's managing director Judy Waruiru, highlights the company's dedication to regulatory and compliance requirements.

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“This milestone demonstrates our dedication to driving financial inclusion and economic growth in Tanzania, empowering businesses of all sizes to thrive in the digital era.“We will continue to prioritise the security of transactions, adhering to stringent data protection protocols and industry best practices,” Ms Waruiru said in the statement.

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According to DPO Pay, which has been effectively functioning throughout Africa since 2006, Network International, a key enabler of digital commerce throughout the Middle East and Africa (MEA) region, just bought the company.In order to provide secure and continuous services to its partners and merchants, it has closely collaborated with regulators across the continent to get new licenses.

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With its considerable experience in the travel and tourist industry, DPO Pay has attracted the attention and trust of major companies across a variety of industries, including hotels and resorts in Arusha, Dar es Salaam, and Zanzibar.The company, the statement said, has established itself as the preferred payment solution for major merchants in the region, including industries such as Airlines, Hotels, online retailers and logistic companies.

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With a firm focus on expanding its network, DPO Pay continues to seek collaboration with top-tier businesses and brands, and cater to the diverse needs of merchants across various industries.The company's robust security systems ensure that merchants and consumers can transact with confidence, safeguarding their sensitive information and maintaining the highest standards of integrity.

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With the recently updated DPO Pay Mobile app, merchants are able to collect and receive payments anywhere and anytime.DPO Pay provides efficient payment solutions enabling businesses and individuals across the continent to accept both local and international payment options.

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It has developed integrated payments technology to support businesses of all sizes in over 20 countries and accept payments securely and swiftly in multiple currencies and through diverse payment methods including cards, mobile money, bank transfers, USSD, and EFT.Customers and businesses may interact with confidence because to the company's strong security measures, which protect sensitive data and uphold the highest standards of integrity.

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The recently upgraded DPO Pay Mobile software allows businesses to accept payments anywhere at any time.Businesses and people across the continent can accept both domestic and foreign payment methods thanks to DPO Pay's effective payment solutions.In order to help businesses of all sizes in more than 20 countries, it has developed integrated payments technology.

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This technology enables them to securely and quickly accept payments in numerous currencies using a variety of payment methods, including cards, mobile money, bank transfers, USSD, and EFT.

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