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 Payment System - Publications |
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In appreciation of initiative shown by various companies to
introduce card based electronic Money Schemes in the country, in January 2000
the NPS Project issued Guidelines, which shall be followed by any party wishing
to introduce electronic auditable payment schemes in the country. The aim is to
comply with the NPS objective of reducing cash usage and to promote non-cash
based instruments in the country. The
guidelines therefore serve as a safeguard measure to consumer interests as well
as having standardization, which will facilitate future cooperation and system
integration. See full document on Guidelines
for introducing of Auditable Card Payment Schemes in Tanzania
The Bank of Tanzania also participated in the development
of Guidelines for licensing and Regulating Electronic Money Products and Schemes
as agreed by the East African Countries. The
document provides guidelines, which will facilitate system’s future
integration of the three countries. See full document on Guidelines
for licensing and Regulating Electronic Money Products and Schemes.
Bank
of Tanzania in conjunction with Tanzania Bankers’ Association documented
Paper Instruments Standards which have been agreed by all payment system
stakeholders. The standards specify the requirements for the design of paper
instruments used for inter-bank payment in local currency between banks in
Tanzania. The standards were adopted in January 2000. Banks shall therefore
ensure full compliance with the specifications given. These standards shall be
read and applied in conjunction with the Tanzania Bankers Clearing-House
Regulations and Regulations. .
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Download TISS Rules and Regulations
