DAR ES SALAAM, Jan. 23 -- THE interoperability of mobile financial services has contributed to the growth in volume and value of mobile money transactions registered in 2018/19 financial year.
Mobile money transactions in the period under review grew by 75 percent 43 percent in volume and value, respectively, the Bank of Tanzania (BoT) said in its 2018/19 annual report.
The volume of transactions moved was 1,757,975 down from 1,925,569 in the previous year, whereas the value increased to 183.3tri/-from 177.1tri/-.
The number of active accounts in mobile money reached 22.3 million at the end of June 2019 from 20.5 million at the end of June 2018, with more than 532,474 agents.
To enhance and broaden interoperability, the Bank was working...