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KCB Bank Tanzania added PayPal to its mobile app, letting customers set up or connect their PayPal accounts.

DealRead the original at africa.com
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Tanzanian customers can use PayPal to receive international payments and withdraw locally, which may broaden its reach. The report gives no user or sales figures, so the size of the benefit is unknown.

PYPL · PayPal Holdings, Inc.

AI read · Good for PYPL

The AI's read

The setup gives people in Tanzania a way to receive money from abroad through PayPal and withdraw it locally. That could bring more users into PayPal's network, but the report gives no user or sales figures, so the likely gain is limited.

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