The focus of this study is to determine Effectiveness of Electronics Payment System (EPS) in Tanzania for facilitating Income Development. Questionnaires were used to gather data and 105 respondents participated in this study. Electronic Payment system as the medium or service providers of E-Payments between payer and payee which is keeping financial transactions to run smoothly and securely between two parties, helping income generating to maximize cash flow and for government to increase revenue and transparency. Data analysis has been done by the SPSS software version 23 were used to analyze data collected. The questionnaire with a 12-point based on Likert scale, where distributed, interviewing the Effectiveness of Electronics Payment System (EPS) in Tanzania for facilitating Income Development. The participants of this study were Tanzania citizens who were over eighteen years old and who are using ATM, Mobile payment and Internet Banking for financial transaction.