Selcom 33 views

About Us

Selcom is a leading Pan-African provider of financial and payment solutions, offering a comprehensive range of electronic payment products and services across Sub-Saharan Africa. Specializing in digital, card, and card-less payment processing, Selcom is dedicated to delivering innovative financial solutions to its customers.

Established in 2001 as a Tanzanian-owned private company, Selcom began as a prepaid airtime distributor for Celtel in the Dar es Salaam region. Over the years, the company has evolved into a key player in Tanzania’s dynamic financial technology sector, contributing significantly to the nation’s economic growth. Selcom is renowned for operating the largest independent network of point-of-sale (POS) terminals in the country, with over 25,000 terminals facilitating bill payments, cash-in, cash-out services for mobile money wallets, and agency banking. Additionally, Selcom has established strong partnerships with Mobile Network Operators (MNOs), further enhancing its service offerings.

Licensed by the Tanzania Communications Regulatory Authority and the Bank of Tanzania, Selcom is recognized as a leading enabler of mobile banking and payment services. The company has successfully connected more than 40 banks to mobile banking platforms, supported over 25,000 active Selcom Huduma agents for agency banking and bill payments, and partnered with more than 100,000 merchants for card and card-less payment solutions through Selcom Pay.

As a key player in the financial ecosystem, Selcom serves as both an issuer and acquirer, facilitating seamless transactions between merchants and consumers. The company issues payment cards, including debit cards, which allow consumers to make secure purchases globally. These cards are linked to the cardholders’ bank accounts, providing a convenient and reliable payment method. By acting as an intermediary, Selcom ensures smooth and secure transactions, fostering growth and efficiency within the modern financial landscape.