Payments for property and personal income taxes have become easier for NMB customers with the introduction of a mobile phone payment system.
The bank launched the mobile phone bills payment system yesterday. The system would reduce the need for taxpayers to queue at taxpaying points.
NMB customers would also be able pay their water bills recharge their mobile phones and paid TV using the system. The system allows the bank's customers to pay taxes and other services using money that is in their accounts.
However, only Vodacom subscribers would be able to use the system at the moment, according to the bank's chief executive officer Mark Wiessing.
He added that the bill payment system is a free service to all NMB mobile customers. He also noted that the service would simplify payment and remove the risk of missing important services for late paying
TRA commissioner general Harry Kitilya commended the service saying that it was a revolution in the payment systems.
"The payment system will tremendously improve tax collection as the tax payers who delay to do so for avoiding disturbances and queues in banks will be encouraged," said Mr Kitilya.
He added that the system will reduce the risk of carrying money to banks and reduce cost of doing business by serving time that would be spent in banks."It will easy payment of taxes bearing in mind the traffic jams in Dar es Salaam. The system will also easy reporting system for the TRA," added Mr Kitilya during the launch of the system.
NMB has already a mobile banking system that allows customers moving money to other accounts within the bank as well as pay for electricity bills and other services. About 550000 customers of the bank have subscribed to the mobile banking system.
