Zantel improves mobile payment offering

Jan 27, 2012

Mobile phone network Zantel has relaunched its mobile payment service in Tanzania, giving customers access to new features.

Mobile phone network Zantel has relaunched its mobile payment service in Tanzania, giving customers access to new features.

Ezy Pesa - formerly known as Z-Pesa - now gives users of the Zantel network the option of taking out micro-insurance paid on a daily or monthly basis to cover them against accidents, the Citizen reports.

Furthermore, the service can now be used by employers to pay salaries to staff, while CRDB Bank customers can access their accounts through their handsets.

Founded in 1996, CRDB has a network of 60 branches and ATMs across Tanzania and also operates an internet banking service.

Zantel has relaunched the offering, which was introduced four years ago, to make it more appealing to customers, as it had 23,000 registrations but only 500 active users prior to the rebranding.

“In 2008 Zantel was the first mobile network provider in the country to introduce mobile payment services. Our vision for this product has not changed but we have worked to improve it so it serves you better,” remarked Chief Executive Ali Bin Jarsh.ADNFCR-2976-ID-801276923-ADNFCR