Postal bank in major digital push

Tanzania Postal Bank (TPB) move to reach the financially underserved population has received a new boost after adopting the Mult-Protocol Label Switching-Virtual Private Network (MPLS-VPN) over fiber connectivity.

TPB Chief Operations Officer Mr Kolimba Tawa said at a news conference in Dar es Salaam that the implementation of the initiative was timely in a bid to increase efficiency in banking services delivery and reduce time spent by customers at the bank’s branches.

The MPLS-VPN over fiber connectivity jointly implemented by TPB and the Tanzania Telecommunication Company Limited (TTCL) will provide flexibility to transport and route several types of network traffic using the technologies of a MPLS backbone.

“Due to technological development and in an endeavour to provide quality and low cost banking services to its customers found in almost all districts, TPB partnered with the TTCL to adopt the latest technology to facilitate the initiative,” he said.

He added: “Pursuing the project was of paramount importance as more unbankable population will be reached thus supporting government efforts to implement financial inclusion.”

Some of the branches connected in the TTCL network include TPB headquarters, Dar es Salaam Office, Samora, Kijitonyama, Sam Nujoma, Ubungo.

Others are YWCA, Metropolitan, Arusha, Dodoma, Mbeya and Mwanza. He said the second phase implementation of the project target 28 TPB branches across the country in the MPLS-VPN over fiber connectivity that assures maximum security of customers’ information.

The TPB-TTCL initiative is one of the benefits of the fiber optic cable installation already done to the district level.
Source: Daily News, reported from Dar es Salaam, Tanzania
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