DAR ES SALAAM, Jan. 26 -- NMB Bank has launched the countrys first tokenised wearable payment solution, marking a key milestone in the digital finance evolution.

The innovation positions NMB at the forefront of efforts of the government to modernise the national payment ecosystem, as the bank continues to champion secure, convenient and inclusive cashless solutions. NMBs Chief of Retail Banking, Mr Filbert Mponzi, described the introduction of NMB-Tap as a landmark development in the countrys transition towards a more digitally enabled economy.

“This is a world-class innovation and a clear affirmation of our leadership in setting banking standards in the country. It reflects NMB Banks preparedness to continuously innovate and tran...