Merchant digital payments double as cash-lite economy gathers pace

Dar es Salaam. Tanzania's transition to cash-lite economy is accelerating at a faster pace, with the number of merchants accepting digital payments more than doubled last year.

According to the Bank of Tanzania (BoT)'s National Payment Systems Annual Report for 2025, the number of merchants accepting digital payments increased to 2.79 million, up from 1.33 million in 2024.