Tanzania, June 5 -- Dar es Salaam. Tanzania's transition to cash-lite economy is accelerating at a faster pace, with the number of merchants accepting digital payments more than doubled last year.

According to the Bank of Tanzania (BoT)'s National Payment Systems Annual Report for 2025, the number of merchants accepting digital payments increased to 2.79 million, up from 1.33 million in 2024.

The surge reflects a broader transformation in payment-to-business (P2B) transactions, which increased by 30.44 percent in volume and 41.04 percent in value over the year.

In total, 2.30 billion transactions worth Sh37.52 trillion were processed in 2025, highlighting growing reliance on digital channels for everyday commercial activity.

The centr...