Mastercard and Selcom
have expanded their collaboration by signing a strategic partnership
agreement to introduce a variety of payment solutions in the country,
thus supporting Tanzania’s goal of becoming a cashless economy.
In collaboration with Selcom, Hub 255 has organized the first of its kind Hackathon that has brought together 44 hackers with different skill sets; designers, data scientists, technology and business developers that will showcase utilization of the Masterpass Quick Response (QR) payment Application Programming Interface (API).
The API allows for consumers to gain access to a wide variety of payment solutions that are accessible on mobile money platforms or via their bank. According to the Marketing Manager of Selcom, Sabrina Munir said Masterpass QR enables millions of micro, small and medium enterprises (MSMEs) across Africa to accept fast and secure digital payments for the first time.
She said the service addresses challenges previously faced by small business owners who were unable to afford point of sale infrastructure and were forced to transact in cash. As for consumers, this technology eliminates the need to carry cash or traditional bank cards. “Selcom is wholly Tanzanian-owned, with a vision to enhance financial inclusion across Africa through strategic partnerships and alliances to facilitate the seamless movement of funds electronically at all levels,” she said.
In collaboration with Selcom, Hub 255 has organized the first of its kind Hackathon that has brought together 44 hackers with different skill sets; designers, data scientists, technology and business developers that will showcase utilization of the Masterpass Quick Response (QR) payment Application Programming Interface (API).
The API allows for consumers to gain access to a wide variety of payment solutions that are accessible on mobile money platforms or via their bank. According to the Marketing Manager of Selcom, Sabrina Munir said Masterpass QR enables millions of micro, small and medium enterprises (MSMEs) across Africa to accept fast and secure digital payments for the first time.
She said the service addresses challenges previously faced by small business owners who were unable to afford point of sale infrastructure and were forced to transact in cash. As for consumers, this technology eliminates the need to carry cash or traditional bank cards. “Selcom is wholly Tanzanian-owned, with a vision to enhance financial inclusion across Africa through strategic partnerships and alliances to facilitate the seamless movement of funds electronically at all levels,” she said.
Winners
of Tsh 1,000,000 during the Selcom Masterpass QR- Hackathon at HUB255
from the left Product designer UX/UI, Mbwana Habibu, joined by one of
the judges Mercy Kitomari, Andorid Developer, Jackson Twalipo, Head of
Software Development at Selcom, Rosario Arun and Back end developer,
Athjuman Mwinami. Event has been sponsored by Abel & Fernandes
Communications and Raha
1.
First runner-up of Selcom Masterpass QR Hackathon at Hub255 (Sheria
kiganjani) from left Advocate, Nabiry Jumanne, Developer- Peter Daniel,
Judge- Mercy Kitomari, Head of Software Development at Selcom, Rosario
Arun, Business Development Manager- Chris Bweno and Graphics Designer
Justine Peterson. Event has been sponsored by Abel & Fernandes
Communications and Raha.
Second
runner-up of Selcom Masterpass QR Hackathon at Hub255 (team locate)
from left Software programme- Erick Justin, Judge- Mercy Kitomari,
Business personell- Bavius Muganga, Head of Software Development at
Selcom, Rosario.
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