From CapeNews.Net By ELIZABETH W. SAITO August 8, 2014 Forty years ago today, President Richard M.
Electronic Payment Schemes Guidelines
(enacted in 2007)
The Electronic Payment Schemes Guidelines provide guidelines to all banks, financial institutions and to any other service providing institution or company that offers direct or indirect electronic payment schemes services in Tanzania.
These guidelines provide for:
- Guidance on recommended principles and sound practices for managing risks in the introduction;
- Operations of electronic payment schemes;
- Risk management guidelines;
- Minimum standards requirements; and