PayPal Enters Tanzania Through KCB Bank’s Mobile App

KCB Bank Tanzania has partnered with PayPal to integrate its services into the bank’s mobile app. Customers will be able to create or link a PayPal account, receive international payments, make eligible global payments and transfer their PayPal balance to a KCB account in Tanzanian shillings. Josina Njambi, KCB Bank Tanzania’s head of digital financial services, called the partnership an important milestone in connecting Tanzanians more easily to the global digital economy.