Tanda Mojaloop Case Study

Offering easy agency banking solutions that are faster and cheaper for end users using Mojaloop

Meet Tanda

​Tanda​ is a Kenya-based agency banking platform that turns your everyday neighborhood duka (corner store) into a one stop shop for a variety of digital and financial services. At their over 12K agents nationwide, customers can buy airtime, pay their bills, withdraw and deposit cash from their bank account.

What they want

To position the Tanda shared agent network to acquire CICO transactions of over 75% of Kenya’s regulated financial institutions within the next two years, a serviceable base of 10M customers.

What they built

Mojaloop was used to demonstrate how Tanda can bypass credit card and ATM rails to offer agency banking solutions that are easier for a bank to adopt, while making it faster and cheaper for end users.

How Mojaloop helps

Mojaloop can help Tanda offer interoperable CICO for banks. It’s possible that via Mojaloop-powered switch, they would be able to provide services across all the switch participants with a single DFSP integration. 

Use Case

The Opportunities and Challenges

Value of Mojaloop

​The architecture of Mojaloop provided a very simple way to replace most payments APIs that Tanda uses. A Mojaloop-enabled switch would be able to provide Tanda services across all the switch participants with a single DFSP integration, without having to integrate to multiple MNOs and banks individually – or via an aggregator which would erode their transaction revenues. This is what the Tanda team set out to understand, and it is clear that Mojaloop would reduce the cost and complexity of building on ATM and card rails. In particular, interoperability eliminated the operational complexity of settlement and float requirements on a large number of non-interconnected DFSPs.

Other use cases

In addition to the initial goal of investigating how Mojaloop enables an alternative payment infrastructure, Tanda saw clear business cases for the additional use cases that have been built including Peer-to-peer, and PISP functionality.