Selcom is a Pan African cross-segment financial and payment services provider, providing its customers across Sub-Saharan Africa, with a full range of electronic payment products and services focusing on digital, card and card-less processing services.
Selcom is a wholly-Tanzanian owned private company that was founded in 2001 as a prepaid airtime distributor for Celtel in Dar es Salaam region, Tanzania. Since 2001, we have focused on playing a pioneering role in the vibrant and diverse financial technology sector - an important driver of the Tanzanian economy. We are best known for owning and operating the largest independent network of point-of-sale (POS) terminals with more than 25,000 terminals countrywide for bill pay, cash-in, cash-out for mobile money wallets and agency banking. We also have existing integrations with Mobile Network Operators (MNOs)
Selcom is a Tanzania Communications Regulatory Authority and Bank Of Tanzania licensee. We are also recognized by the Bank of Tanzania as a leading enabler of mobile banking and payment service provider. Selcom has connected more than 40 banks to mobile banking, more than 25,000 active Selcom Huduma agents for agency banking and bill payments and more than 100,000 merchants for Selcom Pay card and/or cardless payments.
As an issuing, acquiring, and payments company, Selcom plays a vital role in the financial ecosystem, facilitating seamless transactions between merchants and consumers. As an issuer, the company issues payment cards, such as debit cards, to consumers, enabling them to make purchases at various establishments worldwide. These cards are linked to the cardholder's bank accounts, providing them with convenient and secure payment options. Selcom acts as a crucial intermediary, facilitating smooth and secure transactions between consumers and merchants, supporting the growth and efficiency of the modern financial landscape.