DAR ES SALAAM: TTCL Corporation has introduced T-Pesa Disbursement Account, a solution designed to streamline payroll processes for farmers and boost financial inclusion.
TTCL Public Relations Officer Ms Ester Mbanguka said that the T-Pesa Disbursement Account offers a secure and efficient method for managing payments to up to 200 labourers in under ten minutes, significantly improving the speed and accuracy of transactions.
“This innovative system simplifies the payment process for farmers, allowing them to manage payrolls, disburse cash among group members, or cooperatives with ease,” Ms Mbanguka said at the ongoing Nanenane International Agricultural Exhibition 2024.
The account eliminates the traditional complexities of manual calculations and cash handling, ensuring accurate and timely payments.
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The T-Pesa Disbursement Account is part of TTCL’s broader initiative to digitise agricultural transactions and improve financial management in the sector.
TTCL’s commitment extends to enhancing digital literacy among farmers through its National Internet Data Centre (NIDC).
The NIDC offers valuable resources such as agricultural information, weather updates and market prices, helping farmers make informed decisions and optimise their operations.
“Through T-Pesa, farmers gain access to a range of financial services such as savings, loans and insurance,” Ms Mbanguka said.
