This study investigates the impact of mobile money usage on household consumption in Tanzania, focusing on potential moderating factors including gender and location. Using the Tanzania’s National Panel Survey from 2008-2015, a difference-in-differences (DID) and triple difference-in-differences (Triple DID) approach reveals mobile money use positively influences weekly food and non-food consumption of households. However, the protective role of mobile money during financial shocks is less apparent, particularly for female-led and rural households. The findings indicate the need for policy interventions to address gender-specific barriers to mobile money usage. This study contributes to understanding how mobile money services can enhance economic well-being and financial resilience in diverse household settings in Tanzania.