Leading digital lifestyle company in Tanzania, Tigo, has remitted its quarterly payment to of
US $ 2.1million (Tshs 4.4 bilion) about N3.9m
to its 4.6 million Tigo Pesa users, the
seventh time in a row that the company is distributing profit to its mobile
financial services users, ITRealms report.
Speaking at a press conference in Dar es Salaam, Tigo
Tanzania Head of Finance and Risk for Mobile Financial Services, Obedi Laiser
said cumulatively, the company has paid its mobile financial services users a
total of US $ 16. 5million (Tshs 35.5 billion) quarterly payments since
September 2014.
The payment is generated from profit accruing in the Tigo
Pesa Trust accounts held with major commercial banks in Tanzania, Laiser said.
A press stated endorsed by the Corporate Communications
Manager, Tigo Tanzania, Mr. John Wanyancha also noted that Tigo Tanzania was the
first telecom company in the world in 2014 to share profit generated from its
mobile money Trust Account in the form of a quarterly distribution to its
customers.
The revenue share model is in line with the Tanzanian Central
Bank (Bank of Tanzania-BOT) which allows the country’s mobile operators to
increase e-money deposits and mobile money transactions through new loyalty
incentives.
“This profit share is payable to all Tigo Pesa users
including individual customers, retail agents and our business partners each
based on the e-value they have stored in their Tigo Pesa wallets,” Laiser said.
He pointed out their excitement to be announcing this
profit share distribution for the seventh successive time.
"The payment
underlines Tigo Tanzania’s commitment to provide financial access to our
customers and to promote financial inclusion in the country through our Tigo
Pesa services,” he said.
Further, Wanyancha quoted the BOT as saying Tanzania has aims at attaining a 50 per cent
national financial inclusion of its population by 2016.
The East African
country has an estimated population of 45 million people.
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