Tigo Tanzania, Selcom, and Mastercard Inc. have
announced a strategic partnership that will see the three industry leaders
revolutionize the digital payment ecosystem by enabling convenient online
payments globally through the Tigo Mastercard virtual service via Selcom’s
card-as-a-service (CaaS) platform.
This
also means that Tigo Tanzania’s teeming Pesa customers can now make online
payments globally with their Mastercard Virtual Card.

Speaking
during the launch, the Chief Officer for Mobile Financial Services (MFS),
Angelica Pesha noted that as the leading digital lifestyle company in Tanzania,
Tigo is always on the lookout, for such partnerships, that will enable its customers
to complete online transactions that require MasterCard credentials, while
using funds from their Tigo Pesa wallets.
“It also
means that this service will allow customers to quickly and conveniently pay
for goods and services in the international market, we hope this partnership
will improve user experience and accessibility to a vast array of MFS services,”
she said.

In his remark, the Executive Director of Selcom, Sameer Hirji Sameer
revealed how Selcom, take pride in its unwavering commitment to innovation and
excellence in the payment industry.
“We are
thrilled to join forces with esteemed partners like Tigo Pesa and Mastercard to
unveil our state-of-the-art mobile money wallet-linked virtual card. By
constantly investing in our infrastructure and refining our market presence, we
aim to deliver cutting-edge, dependable solutions that foster growth and
success for our partners and customers alike," he stated.

Representing Mastercard at the launch, Oyuga Lenin also said "Mastercard recognizes that consumers today are
looking for simple and secure financial products that add more value to their
daily lives. Our innovation approach is focused on enabling the digital
transformation of our partners so that millions of customers can enjoy seamless
access to a global payments eco-system with a superior user experience. Our
technology is fully equipped to empower our partners to launch innovative and
relevant solutions that will create a strong value proposition for all our customers.
With our deepened relationships with the telecommunications industry players,
this partnership with Tigo embeds our commitment to further expand customer
choice and access to digital commerce.”