Switching Service Provider — Tanzania
The Tanzania category mapped to payment switching.
Regulator: Bank of Tanzania.
Explicit NPS Act 2015 category: switching/routing/data-management services to payment system providers - infrastructure-only definition, single-mapped. The national switch (TIPS) is BoT-operated; licensed private switches may be few or zero (honest empty if so).
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24.
Licence requirements
What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.
| Requirement | As published | Source | Source date |
|---|---|---|---|
| Minimum capital | Not officially published: The Payment Systems (Licensing and Approval) Regulations 2015 require documentary evidence of paid-up capital (reg 6(h)) but publish no numeric minimum-capital threshold for the switching/data-management category - the First Schedule sets licence fees only. | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Local presence / incorporation | As PSP: body corporate incorporated under the laws of Tanzania; primary data centre in Tanzania. Verbatim“A person eligible to operate a payment system shall be a body corporate incorporated under the laws of Tanzania … A payment system provider shall place its primary data center … in Tanzania” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Timeline | As PSP: 30-day processing; 5-year validity; commence within 6 months. Verbatim“within thirty days following receipt of an application … either grant or reject … … remain valid for five years unless suspended or revoked” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Local ownership | No such requirement: No local/citizen ownership %; non-Tanzanian senior management per Non-Citizen Act 2014. | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Fees | Licence Fee TZS 5,000,000; Renewal TZS 5,000,000 ("Payment system Data management"; "Inter-institutional payment systems" is also 5m/5m). Verbatim“Payment system Data management … Five Million / Five Million … Inter-institutional payment systems … Five Million / Five Million” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
| Ongoing obligations | Same PSP regime: TISS net settlement, AML/CFT, risk management to BIS standards, 10-year records, primary data centre in TZ, BoT approval for cross-border/branches/mergers, renewal ≥6 months prior. Verbatim“keep them for a period of not less than ten years … shall not operate cross-border payment system services without a written approval … provide financial services in partnership with a bank or financial institution” | The Payment Systems (Licensing and Approval) Regulations, 2015 (GN under the NPS Act 2015; s.56) | not dated |
Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.
The equivalent in other markets
Categories mapped to the same normalized activity —
fintech:SWITCHING:
- → Switching & Processing Licence Category (Nigeria)
- → Payment Service Provider (Scheme) (Ghana)
- → To own, possess, operate, manage or control infrastructure for the provision of payment services (Kenya)
- → System Operator (South Africa)
- → Payment System Operator (Uganda)
- → Payment System Operator (Zambia)
- → Payment System Operators (Rwanda)
- → Payment System Operator (Switch Operator) (Ethiopia)
- → Card switching / national payment switch (Zimbabwe)
- → Opérateur de système de paiement monétique agréé (DR Congo)
- → Payment System Operator (Namibia)
- → Payment System Operator (Malawi)