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Tanzania

Absa Promotes Cashless Banking with New Initiative Launch

ABSA Promotes Digital Banking

ABSA Tanzania has launched a strategic campaign aimed at promoting the adoption of digital banking channels, aligning with national efforts to advance a cashless economy.

The Bank’s Director of Retail Banking, Ms. Ndabu Swere, announced the campaign in Dar es Salaam. She emphasized that by promoting the use of debit and credit cards, alongside internet banking, mobile banking, and agency services, ABSA aims to simplify transactions, expand financial inclusion, and contribute to the country’s digital transformation agenda. “Through this campaign, we aim to accelerate the transition to a cashless economy by offering customers safer and more convenient ways to bank,” she said.

This initiative underscores ABSA’s commitment to innovation and financial inclusion by providing secure and accessible banking solutions that meet the evolving needs of Tanzanians across all regions.

Mr. Aron Luhanga, Head of Marketing and Corporate Affairs, highlighted that this transition supports greater transparency, reduces the costs associated with cash handling, and drives overall economic efficiency. It paves the way for a more inclusive and digitally driven financial ecosystem.

By promoting the shift toward card usage and digital banking, ABSA is enabling customers to become more active participants in the digital economy. The initiative also recognizes and rewards everyday customer transactions, reinforcing ABSA’s commitment to empowering individuals, enhancing convenience, and fostering financial inclusion.

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