Dar es Salaam, April 12 -- DAR ES SALAAM: Stanbic Bank Tanzania has officially launched a new solution called “Lipa na Stanbic,” a digital payment solution aimed at simplifying revenue collection for merchants across the country.

Through the modern collection solution, merchants can now receive payments directly into their bank accounts quickly and with better security.

The new service targets the business sector, particularly merchants and institutions, as well as individual customers, by enabling them to accept payments from mobile wallets and banks leveraging on TANQR digital payments infrastructure to increase transactability in the financial sector ecosystem.  

Lipa na Stanbic can be used across a wide range of bu...