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Saturday, 19 September 2026

KCB BANK TANZANIA LAUNCHES ZED 360 DIGITAL SYSTEM TO STREAMLINE SCHOOL FEE COLLECTION

BAGAMOYO, Tanzania – 17 September 2026 – KCB Bank Tanzania has officially launched ZED 360, a digital solution designed to improve school fee collection, payment reconciliation and financial information management for educational institutions across Tanzania.

The ZED 360 platform has been developed to help schools address ongoing challenges in revenue management, including difficulties in payment reconciliation, monitoring collections, maintaining financial records and accessing real-time financial information.

Speaking during the launch ceremony, KCB Bank Tanzania Managing Director, Cosmas Kimario, said the bank continues to put customers at the centre of its services by leveraging technology to provide solutions that simplify day-to-day operations for different customer segments.

“Through ZED 360, schools will have greater visibility in managing their revenues, reduce reliance on manual processes and make decisions using accurate, real-time information. The system has been designed to improve efficiency and strengthen accountability within educational institutions,” said Kimario.

ZED 360 Simplifies School Fee Management

ZED 360 simplifies the entire school fee management process, including invoice generation, fee collection, payment reconciliation and real-time financial reporting.

The system also benefits parents and guardians by enabling them to receive invoices conveniently and make school fee payments securely through multiple channels.

Through ZED 360, parents and guardians can pay school fees through all KCB Bank Tanzania branches, the KCB Mobile App, KCB agents and Mixx by Yas agents across the country.

Driving Digital Transformation in Education

The launch of ZED 360 forms part of KCB Bank Tanzania’s strategy to continue investing in digital transformation aimed at improving customer experience, increasing institutional efficiency and supporting the development of various sectors of the economy.

In the education sector, the solution is expected to help institutions enhance transparency in revenue and financial information management while enabling school administrators to access critical information in real time and make data-driven decisions.

KCB Bank Tanzania also thanked the management of Marian School for participating in the initial testing of the system, which provided valuable feedback that helped improve the solution ahead of its official launch.

KCB Calls on Schools to Embrace Digital Solutions

KCB Bank Tanzania has urged educational institutions across the country to embrace ZED 360 to improve school fee management, enhance transparency in financial systems and strengthen the delivery of education services.

By integrating school fee collection, payment reconciliation and financial reporting into a digital platform, ZED 360 is designed to support schools in managing their revenues and financial information more efficiently.

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