TandaPay
May 9, 2024

TandaPay: The New Mobile Wallet That Works For Everyone.

Tanda has secured the eMoney Issuer License from the Central Bank of Kenya.

TandaPay: The New Mobile Wallet That Works For Everyone.

We are incredibly proud to announce that Tanda has achieved a historic milestone by securing the eMoney Issuer License from the Central Bank of Kenya. This prestigious license paves the way for the launch of our groundbreaking product, TandaPay - a next-generation mobile wallet designed to unlock economic opportunities across the nation.

As the sixth entity to receive this esteemed license, we at Tanda are humbled by this remarkable accomplishment. It reinforces our mission to drive financial inclusion and solidifies our position as a key player in creating an inclusive financial ecosystem in Kenya and the wider East African region.

With TandaPay, we are introducing a truly interoperable mobile wallet that breaks free from the constraints of traditional, closed-loop systems. This innovative solution empowers Kenyans to make payments seamlessly across all mobile money networks through the familiar *712# USSD code, entirely free of charge.

For our valued consumers, TandaPay offers unparalleled convenience and flexibility. No more juggling multiple wallets or incurring unnecessary fees – TandaPay is your one-stop solution for all your financial needs.

We are equally excited to extend the benefits of TandaPay to businesses nationwide. By signing up, merchants will receive a complimentary TandaPay Till, enabling them to accept payments from any mobile money network via *712#. Furthermore, the TandaPay App and Online Dashboard streamline the management of collections and payouts, ensuring efficient operations.

TandaPay offers a robust and adaptable payment gateway for our innovative developer community. Our programmable APIs are tailored to your unique needs, providing the flexibility to integrate seamlessly with your projects. Experience the power of making payments and payouts across mobile money services, banks, and international card schemes, all backed by our on-demand APIs and payment links.

"Receiving the eMoney Issuer License is a significant step towards realizing our mission of unlocking economic opportunities for people and businesses across Kenya through mobile wallets," said Geoffrey Mulei, our Co-founder and CEO. "TandaPay is among Kenya's first fully interoperable regulated mobile payment systems, seamlessly integrating all channels within a single wallet."

Our ambitions extend far beyond individual users. We are building a robust ecosystem by partnering with merchants, SACCOs, fintechs, and more, aiming to reach 500,000 wallets in our first year and empower over 10 million customers in the long run, significantly contributing to Kenya's economic development.

With over 30 years of combined experience and a passionate team driving innovation, we at Tanda are committed to shaping the future of finance in Kenya, one wallet at a time. The introduction of TandaPay marks the beginning of a new era in the journey towards a more inclusive and equitable financial ecosystem, regulated by the Central Bank of Kenya and accessible to all Kenyans.