In a groundbreaking development, the Bank of Tanzania (BoT) has officially granted DPO Pay, a renowned African digital payments provider, the green light to commence operations as a Payment Service Provider in Tanzania. This news broke yesterday, as DPO Pay released an official statement to the public. Operating under the banner of One Payment Tanzania Limited on home soil, DPO Pay's official licensing signals a bold and progressive move in line with the National Payment System Act, 2015. This Act necessitates all Payment Service Providers (PSPs) to adhere to a stringent license application process in order to offer payment services in Tanzania, ensuring the utmost regulatory compliance. Speaking on this exciting development, Judy Waruiru, Managing Director of DPO Pay, remarked on the significant stride the company has made in conforming to compliance and regulatory standards. "This milestone not only underlines our firm commitment to regulatory adherence but also cements our role in bolstering financial inclusion and economic growth within Tanzania," she affirmed. DPO Pay, Waruiru added, is "committed to empowering businesses, regardless of their size, to flourish in the burgeoning digital era." A significant part of this pledge includes an unwavering dedication to transactional security, stringent data protection protocols, and adherence to best industry practices. Born in Africa and active since 2006, DPO Pay boasts a successful operating history spanning the continent. The digital payment provider was recently acquired by Network International, a premier facilitator of digital commerce across the Middle East and Africa (MEA) region. As a testament to their commitment to seamless, secure service, DPO Pay has consistently collaborated with regulatory bodies across Africa to acquire new licenses, reflecting the diverse requirements of each country. Among their accolades, DPO Pay has earned considerable trust and recognition from esteemed businesses across a multitude of sectors. This includes well-known hotels and resorts across Arusha, Dar es Salaam, and Zanzibar, highlighting their extensive expertise within the travel and tourism industry. In recent years, DPO Pay has carved its niche as the payment solution of choice for leading merchants in the region, spanning sectors as diverse as airlines, hotels, online retail, and logistics. Looking ahead, DPO Pay has its sights set on growth, continuously seeking to build partnerships with top-tier businesses and brands. Their aim is to cater to the multifaceted needs of merchants across various industries, offering robust security systems that enable merchants and consumers to transact with confidence. With the launch of its recently updated DPO Pay Mobile app, the company offers even greater flexibility, enabling merchants to accept and receive payments anytime, anywhere. At its core, DPO Pay is dedicated to providing efficient payment solutions for businesses and individuals across the continent, accommodating both local and international payment methods. Offering an integrated payments technology that supports businesses of all sizes in over 20 countries, DPO Pay allows for secure, swift payments in a variety of currencies and through diverse methods such as cards, mobile money, bank transfers, USSD, and EFT.