Payment Service Provider — Tanzania
The Tanzania category mapped to payment processing.
Regulator: Bank of Tanzania.
Payment Systems (Licensing and Approval) Regulations 2015; non-bank payment services without e-money issuance.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24.
Source recency: Bank of Tanzania's official list is dated 2025-12-31 — the most recent official publication; verify current status directly with Bank of Tanzania. Entries below are as
reported by that list — not a statement of current status.
Coverage note: Annex O prints 70 named entries (numbering reaches 71 with one blank row) while the report body states 72 non-bank PSPs - the discrepancy is the document's own; ingested exactly as printed.
Licensed providers
70 entitiesShowing 70 of 70
Licence requirements
What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.
| Requirement | As published | Source | Source date |
|---|---|---|---|
| Minimum capital | Not officially published: The Payment Systems (Licensing and Approval) Regulations 2015 require an applicant to evidence adequate paid-up capital (reg 6(h): 'certified copy of certificates of paid up capital') but publish no numeric minimum-capital threshold for this category - the First Schedule sets licence fees only. | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Local presence / incorporation | Body corporate incorporated under the laws of Tanzania; primary data centre in Tanzania; premises inspected pre-commencement Verbatim“A person eligible to operate a payment system shall be a body corporate incorporated under the laws of Tanzania … A payment system provider shall place its primary data center … in Tanzania” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Timeline | Processing: 30 days; certificate within 7 working days of fee receipt. Validity: 5 years. Commence within 6 months of grant. Verbatim“within thirty days following receipt of an application … either grant or reject … … remain valid for five years unless suspended or revoked” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Local ownership | No such requirement: No local/citizen shareholding %. Only nationality rule: appointing a non-Tanzanian senior manager follows the Non-Citizen (Employment Regulation) Act 2014. | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Fees | Licence/renewal by category (First Schedule, TZS): Inter-institutional 5,000,000 / 5,000,000; Intra-institution 1,000,000 / 1,000,000; Payment-system Data management 5,000,000 / 5,000,000; Remittance 1,000,000 / 1,000,000. Plus non-refundable application fee (reg 6(k), amount not itemised). Verbatim“Inter-institutional payment systems … Five Million / Five Million … Intra-institutions payment system … One Million / One Million … Payment system Data management … Five Million / Five Million … Remittance … One Million / One Million” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Ongoing obligations | Settle net obligations in TISS; Board ≥3 (one payments-experienced); AML/CFT; risk-management to BIS/international standards; records ≥10 years; primary data centre in TZ; prior BoT approval for cross-border/branches/mergers/shareholding change; renewal ≥6 months before expiry; non-bank PSPs partner a bank/FI for financial services. Verbatim“keep them for a period of not less than ten years … shall not operate cross-border payment system services without a written approval … provide financial services in partnership with a bank or financial institution” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.
The equivalent in other markets
Categories mapped to the same normalized activity —
fintech:PAYMENT_PROCESSING:
- → Payment Solution Service Provider (PSSP) Authorisation (Nigeria)
- → Switching & Processing Licence Category (Nigeria)
- → Electronic Retail Payment Service Provider (Kenya)
- → Payment Service Provider (Enhanced) (Ghana)
- → Payment Service Provider (Medium) (Ghana)
- → Payment Service Provider (Standard) (Ghana)
- → Third Party Payment Provider (South Africa)
- → System Operator (South Africa)
- → Payment Service Provider (Uganda)
- → Payment Aggregation Service Provider (Zambia)
- → Aggregator (Rwanda)
- → Établissement de paiement (Benin)
- → Établissement de paiement (Burkina Faso)
- → Établissement de paiement (Côte d'Ivoire)
- → Établissement de paiement (Guinea-Bissau)
- → Établissement de paiement (Mali)
- → Établissement de paiement (Niger)
- → Établissement de paiement (Senegal)
- → Établissement de paiement (Togo)
- → Payment System Operator (POS & Payment Gateway Operator) (Ethiopia)
- → Établissement de paiement (Cameroon)
- → Établissement de paiement (Central African Republic)
- → Établissement de paiement (Congo-Brazzaville)
- → Établissement de paiement (Gabon)
- → Établissement de paiement (Equatorial Guinea)
- → Établissement de paiement (Chad)
- → Établissement de paiement offrant des produits et services de paiement (Morocco)
- → Electronic payment processing (EFT / payment gateway) (Zimbabwe)
- → Agrégateur (prestataire de services connexes de paiement) (DR Congo)
- → Agregador de pagamento (Mozambique)
- → Sociedade Prestadora de Serviços de Pagamentos (Angola)
- → Payment Service Provider (Mauritius)
- → Third-party payment service provider (Namibia)
- → Payment facilitator service provider (Namibia)
- → Account Based Payment Services (Botswana)
- → Payment Service Provider (Other PSP) (Malawi)
- → Établissement de paiement (Tunisia)
- → Établissement agrégateur de paiement (fournisseur de plateforme de paiement) (Burundi)
- → Payment service provider (The Gambia)
- → Payment service provider (Seychelles)
- → Instituição de pagamento (Cabo Verde)
- → Payment service provider (Sierra Leone)