DAR ES SALAAM, Dec. 12 -- CRDB Bank and TTCL Corporation have partnered to launch a platform that will give customers easy in transacting between their bank's accounts and T-Pesa platform using mobile phones.
The Director of Retail Banking at CRDB, Boma Raballa and T-Pesa's Managing Director, Lulu Mkude said the initiative aimed to simplify transactions of both the bank and telecom customers.
"In order to start using the platform for making various transactions, the smartphone users will have to download SimBanking application," he said.
The deal signed between CRDB and TTCL will provide rural people access formal banking services through use of T-Pesa platform.
Statistics show that about 7 0 per cent of the adult population have access...