Tanzania, July 27 -- Dar es Salaam. Stanbic Bank Tanzania and Visa have intensified efforts to expand secure cross-border digital payments, reporting a sharp increase in card usage as Tanzania accelerates its transition towards a cashless economy.

The two organisations said a recently concluded campaign targeting Stanbic's Personal and Private Banking customers recorded a 113 percent increase in card transaction volumes and a 201 percent rise in transaction value. Card activation also surged, rising by 3,082 percent in transaction volume and 449 percent in value.

The campaign comes as Tanzania rolls out measures to promote digital payments across key sectors, supported by the National Financial Inclusion Framework (2023-2028), which see...