Zantel

#Cash In#e-Wallet

Zantel is a telecommunications operator in Tanzania that offers a variety of services, including mobile banking services. Zantel Money is Zantel’s mobile banking service that allows users to perform […]

Certified payment providers 1
Market coverage 1
  • Tanzania
Currencies 1
  • Tanzania Shilling
Description

Zantel is a telecommunications operator in Tanzania that offers a variety of services, including mobile banking services. Zantel Money is Zantel’s mobile banking service that allows users to perform financial transactions from their mobile phone.

To use Zantel Money, you first need to create an account by visiting one of Zantel’s sales points and providing the necessary information. Once you have an account, you can perform transactions using your mobile phone, such as deposits, withdrawals, money transfers, and bill payments.

Users can also make online purchases using Zantel Money, and some merchants also accept payments using this method. The fees associated with using Zantel Money are generally lower than those of traditional banking services, making it a popular option for people who do not have access to traditional banking services or who prefer a more convenient payment solution.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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