Digitisation of payments for port charges by CRDB Bank and TPA a boost to EAC regional trade

CRDB Bank Congo Managing Director Jessica Nyachiro

CRDB Bank Congo Managing Director Jessica Nyachiro makes her remarks during the launch of the TPA digital payment system, which is integrated with the TRA system.

What you need to know:

Digital payment system for Dar es Salaam port

  • The system will reduce the bureaucracy associated with manual transactions, eliminating long queues at banking halls.
  • DRC cargo transiting through Dar es Salaam Port constitutes between 35 and 40 per cent as of December 2022.
  • CRDB Bank’s DRC subsidiary will spearhead the use of digital channels which will simplify local and cross border money transfer and speed up transactions at affordable costs.