Try our corporate solution for free!
+1 (212) 419-5770

Mobile money transactions by operator in Tanzania 2020

The mobile money sector in Tanzania is dominated by two providers, namely Safaricom’s M-Pesa and Tigo Pesa. In March 2020, mobile money users made 256.96 million transactions using one of the six mobile money services.

Mobile money services – How do they work?

Mobile money services like M-Pesa are used to pay bills, make private transfers, and conduct business transactions. These mobile wallets are operated via mobile phone and powered by SIM cards from large operators. As transactions are concluded via text message, no internet connection is needed.

Supporting financial inclusion

Tanzania is one of the world’s leaders in mobile money transactions. In June 2019, mobile money transfers in the country had a value of over 3.6 billion U.S. dollars attributable to close to 23 million subscriptions. Measured against the total population of approximately 56 million, around 40 percent of Tanzanians made use of mobile money technology in 2019, while only a small minority had access to traditional banking services. With the almost universal availability of mobile phones and the high mobile voice penetration rate in Tanzania consumers have easy access to financial services and financial inclusion.

Number of mobile money transactions in Tanzania from January 2020 to March 2020 (in millions), by operator

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until September 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date




Survey time period

January 2020 to March 2020

Supplementary notes

The data is compiled by the operators.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Mobile telecom services in Africa"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.