How to Send Money to Tanzania via PayPal (Europe) with TOWB in 2025

Amid the rapid digital revolution, financial technology (FinTech) has become a key driver reshaping how money is sent and received across borders. Online money transfers are now easier, faster, and more secure, opening wide opportunities for individuals and businesses alike. Tanzania, as a growing emerging market, increasingly relies on international remittances to support economic development and improve the living standards of millions of households.

International remittances play a vital role in Tanzania’s financial ecosystem, helping cover daily expenses, supporting small businesses, and providing financial aid to families, while also stimulating national economic growth. Given the challenges facing traditional banking infrastructure in many areas, digital payment platforms such as PayPal (Europe) have emerged as innovative solutions that enable fast, secure, and cost-efficient cross-border transfers.

This guide provides a detailed step-by-step process for sending money to Tanzania via PayPal (Europe), including selecting the best Transfer methods, understanding associated fees and costs, and applying security measures to ensure funds reach recipients safely and promptly. We will also explore the available receiving options within Tanzania, analyzing the advantages of each to guarantee an efficient and seamless remittance experience in 2025.

The Importance of International Remittances to Tanzania

International remittances are a critical source of income for millions of Tanzanian households, funding essential needs such as education, healthcare, small business development, and daily expenses.

Recent years have seen a significant increase in the value of remittances, fueled by the widespread adoption of modern digital technologies, including e-wallets and mobile banking services, which have enhanced the speed and convenience of money reaching recipients.

According to 2024 data, remittances to Tanzania exceeded $1.5 billion USD, demonstrating sustainable growth and increasing trust in digital solutions as an effective alternative to traditional banking channels. A large portion of these transfers are conducted electronically, reducing transaction costs and promoting financial inclusion while supporting broad-based economic development.

Why Choose PayPal (Europe) for Sending Money to Tanzania?

PayPal is one of the world’s leading digital payment platforms, offering multiple benefits:

• Ease of use: Fund your PayPal account via bank account or credit card, enabling fast and simple transactions without complex procedures.
   

• Advanced security: PayPal uses robust protection systems to secure user data and transactions, minimizing fraud risks and enhancing trust.
   

• Fast transfers: When integrated with specialized platforms like TOWB, money can reach Tanzania in minutes, ensuring smooth and efficient transfers.
   

• Wide coverage: PayPal is available across Europe and many other countries, facilitating international transfers without complex banking procedures or geographic restrictions.

Step-by-Step Guide to Sending Money to Tanzania via PayPal (Europe) and TOWB

Step 1: Fund your TOWB account via PayPal (Europe)
Deposit the Transfer amount into your TOWB account using your PayPal account for instant funding.
 

Step 2: Select the Transfer destination
Choose Tanzania as the recipient country to ensure the Transfer is routed correctly.
 

Step 3: Choose the receiving method
Options include:

• MPesa Tanzania e-wallet

• Local bank account

• Cash pick-up from authorized centers
   

Step 4: Enter recipient information accurately
Provide the recipient’s full name, mobile number, or bank account details to ensure funds arrive without delay.
 

Step 5: Confirm the transfer
Double-check all details and confirm the transaction to send the money.
 

Step 6: Track the transfer
Monitor the status of your Transfer in real time via your TOWB account to ensure the recipient receives the funds promptly.

Money Receiving Options in Tanzania

A. MPesa Tanzania Wallet

• Speed: Funds arrive in minutes, ideal for urgent payments.

• Ease of use: No bank account required; accessible even in rural areas.

• Cost: Lower Transfer fees compared to other methods.

• Security: Multi-factor verification ensures transaction safety.

• Acceptance: Widely supported by merchants and services for direct spending.
   

B. Local Bank Accounts

• Processing time: 24–48 hours, depending on banks and Transfer network.

• Security: Strong protection through central bank systems, full traceability.

• Flexibility: Suitable for official payments or business transactions.

• Fees: Some banks may charge reception or conversion fees.

• Best for: Companies, institutions, and high-value accounts.
   

C. Cash Pick-Up from Authorized Centers

• Accessibility: Recipients can collect cash directly from approved centers.

• Speed: Depends on proximity to pick-up point and service level, ranging from minutes to hours.

• Security: Handled through licensed centers to ensure safe transfers.

• Convenience: Useful in emergencies or when recipients lack digital or bank accounts.

Transfer Fees and Costs

• PayPal fees: Vary based on funding source (bank account or credit card), typically 1.9–3.9% of the Transfer amount.
   

• TOWB Transfer fees: Depend on the receiving method; MPesa is usually the most cost-effective option.
   

• Currency conversion: Consider the USD to Tanzanian Shilling exchange rate when sending money.

Key Tips for a Successful and Secure Transfer

• Keep apps updated: Ensure you have the latest versions of PayPal and TOWB for optimal performance and security.
   

• Verify recipient details: Accurate recipient info prevents delays or failed transfers.
   

• Choose the right receiving method: Select based on recipient needs and Transfer amount.
   

• Transfer during business days: Avoid bank holidays to minimize delays.
   

• Keep transaction receipts: Useful in case of any issues.

Why Integrating PayPal (Europe) with TOWB is the Best Solution in 2025

Integrating your PayPal (Europe) account with TOWB allows fast, secure, and cost-efficient transfers to Tanzania. This integrated digital solution suits both individuals supporting family members and businesses conducting cross-border transactions.

With TOWB, you can choose from multiple receiving options—MPesa wallet, local bank accounts, or cash pick-up—while maintaining full transparency and control over every transfer.

Start sending money to Tanzania safely and efficiently with PayPal (Europe) and TOWB today!

Don’t let traditional methods slow down your business or financial support. Register on TOWB now and experience seamless international money transfers in 2025.