DAR ES SALAAM, Aug. 7 -- THE governments move to require electronic payments for a wide variety of transactions represents one of the most major reforms to the countrys payment system since mobile money was first introduced.

The Electronic Transactions (Mandatory Electronic Payments for Specified Transactions) Order, 2026, that took effect on July 1 this year, prohibits cash payments for a range of transactions such as public transport, shopping malls, hotels, restaurants, educational institutions, fuel stations, property deals, vehicle sales, tourism and agriculture.

Companies in these sectors have six months to establish compliant electronic payment systems.

The reform represents a notable shift from encouraging digital payments to m...