KCB Bank Tanzania has officially launched KCB LIPA, a new digital payment solution powered by TANQR, designed to help merchants receive payments securely, instantly, and conveniently from customers across all banks and mobile networks.
The solution provides businesses with a seamless way to accept digital payments through a single QR code, eliminating the need for multiple payment channels and simplifying the payment experience for both merchants and customers.
With KCB LIPA, merchants benefit from instant settlement of payments, zero transaction charges, and a simple onboarding process that requires only a valid Business License, a KCB Account and Tax Identification Number (TIN). The solution is designed to support businesses of all sizes, from small enterprises to established merchants, by making digital payment acceptance more accessible and efficient.
The launch of KCB LIPA marks another milestone in KCB Bank Tanzania’s commitment to driving digital transformation, financial inclusion, and cashless payments across the country. By leveraging TANQR technology, KCB continues to provide innovative solutions that empower businesses, enhance customer experiences, and support the growth of Tanzania’s digital economy.
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