Digital Payment Solutions to Modernise and Transform Zanzibar’s Tourism Sector
Exim Bank Tanzania has introduced new digital payment solutions to streamline transactions within Zanzibar’s tourism industry. Announced at Z-Summit 2025, held at SUZA University in Tunguu from 19-20 February, the initiative aims to enhance efficiency, security, and convenience for tourism businesses. The bank has partnered with key stakeholders, including Tanzania National Parks (TANAPA) and the Ngorongoro Conservation Area Authority (NCAA), to facilitate seamless cashless payments for park fees and other services, benefiting tour operators and visitors.
With growing demand for digital transactions, Exim Bank has launched services such as mobile banking, credit cards, and online payment platforms tailored to the tourism sector. The bank also reaffirmed its commitment to Zanzibar’s economic growth by expanding its branch network to improve access to financial services. By leveraging technology and fostering industry partnerships, Exim Bank aims to support tourism-related businesses in enhancing operational efficiency and positioning Zanzibar as a leading global travel destination.
Source: Daily News
