Designated Payment System Institutions
The Bank of Zambia is responsible for the designation and licensing of Payment Systems, Payment System Participants and Payment System Business. Below is the list of designated payment system entities in Zambia.
DESIGNATED PAYMENT SYSTEMS
| No. | Operator Institution | Payment system(s) | Month/Year of Designation | Physical Address |
| 1 | Zambia Electronic Clearing House Limited | CIC/DDACC Clearing | Apr 2008 |
Zambia Electronic Clearing House Limited COMESA House Ben Bella Road LUSAKA |
| 2 | Financial Transaction Services Zambia Limited | Switching | Apr 2012 |
Financial Transctions Services Limited Radian Retail Park 8357-Great North Road P.O. Box 3679 LUSAKA |
| 3 | ZamLink eSwitch Zambia Limited | Switching services | Apr 2008 |
Zamlink eSwitch Limited Zambia Red Cross Society Building 2837 Los Angeles Boulevard Longacres P.O Box 38138 LUSAKA |
| 4 | Cellulant | Switching services | May 2008 |
Cellulant Zambia Limited Stand no. 4658/A Chikwa Road Ridgeway LUSAKA |
| 5 | Bank of Zambia | ZIPSS/RTGS | Apr 2008 |
Bank of Zambia Head Office Cairo Road Bank Square P.O. Box 30080 LUSAKA |
| 6 | Real Pay Zambia Limited | Payment System - Direct Debit Solution/ Online Payment Card Acceptance | Jan 2019 |
Real Pay Zambia Limited Plot Number 2374 - Unit B Counting House Square Thabo Mbeki Road P.O. Box 35139 LUSAKA |
| 7 | LinkNet Zambia Limited | Payments technology, payment infrastructure delivery, mobile wallet solutions, enterprise messaging and financial transaction processing | May 2019 |
LinkNet Zambia Limited Premium House – 4th Floor Mboya Road P.O. Box 37330 LUSAKA |
| 8 | Paynow Zambia Limited | Payment Processing | Sept 2019 |
Paynow Zambia Limited 2nd Floor, Regus Arcades Great East Road LUSAKA |
| 9 |
NetOne Payment Systems Limite |
Payment processing services using QR code/ USSD | Sept 2019 |
NetOne Payment Systems Limited P.O. Box 37680 Plot No. 12553 Zambezi Road Roma LUSAKA |
| 10 | DigitalPaygo | Payment gateway, Aggregation, integration | Dec 2019 |
Digital Shared Services Limited Garden City Mall Office Park Unit B6 Great East Road Waterfalls LUSAKA |
| 11 | Zynle Technologies | Payment Aggregation | Jun 2020 |
Zynle Technologies Limited 19003 off Kwacha Road Olympia Park P.O. Box 33864 LUSAKA |
| 12 | ProBASE Limited | Payment gateway, Aggregation, integration | Aug 2020 |
ProBASE Limited P.O. Box 38671 37 Paseli Road Northmead LUSAKA |
| 13 | Hobbiton Technologies Limited | Payment Aggregation | Apr 2021 |
Hobbiton Technologies Limited 2287 Corner of Lagos and Lubuto Road LUSAKA |
| 14 | Tumeny Payments Limited | Payment Aggregation | Dec 2021 |
Tumeny Payments LimitedPlot 26454 Kasama Road Chalala LUSAKA |
| 15 | Primenet Solutions Limited | Payment Aggregation | July 2022 |
Primenet Solutions LimitedNo 191B ChindoRoad Kabulonga LUSAKA |
| 16 | Finclude Zambia Limited | Payment Aggregation | Sept 2022 |
Finclude Zambia Limited Plot No. 128/70 Off Palm Drive Chelstone LUSAKA |
| 17 | Izwe Loans Zambia Public Limited | Payment Aggregation | Dec 2022 |
Izwe Loans Zambia Public Limited Plot 1278 Lubuto House Lubuto Road Rhodes Park LUSAKA |
| 18 | Techmasters Zambia Limited | Payment Aggregation | Mar 2023 |
Techmasters Zambia Limited Plot No 37861 Off Alick Nkhata Road Mass Media Area LUSAKA |
| 19 | Savannafin Technologies Limited | Payment Aggregation | Mar 2023 |
Savannafin Technologies Limited 4th Floor Premium House Independence Avenue LUSAKA |
| 20 | Olympus Tech Pay Limited | Payment Aggregation | Mar 2023 |
Olympus Tech Pay Limited Plot 8502 21st Street Natwange East KITWE |
| 21 | Nsano Zambia Limited | Payment Aggregation | Mar 2023 |
Nsano Zambia Limited Plot 6755 Chainama Road Olympia Park LUSAKA |
| 22 | Elipa Zambia Limited | Payment Aggregation | Mar 2023 |
Elipa Zambia Limited 11 Sable Road Sable House Kabulonga LUSAKA |
| 23 | CirclePay Limited | Payment Aggregation | May 2023 |
CirclePay Limited Stand 4 Second Floor Office Block 2 ECL Business Park KITWE |
| 24 | Goodfellow Digital Ltd | Payment Aggregation | Jun 2023 | Goodfellow Digital Ltd
Plot 6082 Sibweni Road Northmead LUSAKA |
| 25 | Craft Solutions IT Zambia Limited | Payment Aggregation | Jun 2023 |
Craft Solutions IT Zambia Limited Plot 110 Ibex Redhill Road Lilanda Estates LUSAKA |
| 26 | Prestwood Payment Limited | Payment Aggregation | Feb 2024 |
Prestwood Payment Limited Plot 18 Great East Road Handsworth Park LUSAKA |
| 27 | Bridging Gap Solutions Limited | Payment Aggregation | Feb 2024 |
Bridging Gap Solutions Limited Plot 29954 Corner of Manchinchi and Paseli Road Northmead LUSAKA |
| 28 | PayScan Zambia Technologies Limited | Payment Aggregation | Feb 2024 |
PayScan Zambia Technologies Limited Plot 20848 Corporate Park, Block 4 Alick Nkhata Road Mass Media LUSAKA |
| 29 | Sabipay Technologies Limited | Payment Aggregation | May 2024 |
Sabipay Technologies Limited Plot No. 137/3 Masansa Close Off Bwinjimfumu Road LUSAKA |
| 30 | Zoykpay Limited | Payment Aggregation | May 2024 |
Zoykpay Limited Thabo Mbeki Office Park Ground Floor Office No. 3 Thabo Mbeki Road LUSAKA |
| 31 | Flutterwave Zambia Limited | Payment Aggregation | Aug 2024 |
Flutterwave Zambia Limited 9th Floor Sunshare Towers Katima Mulilo Road Olympia LUSAKA |
| 32 | InstaCom Payment Solutions Zambia Limited | Payment Aggregation | Oct 2024 |
InstaCom Payment Solutions Zambia Limited Block 8E 6755 Elisa House Olympia LUSAKA |
| 33 | Effectivo Innovations Limited | Payment Aggregation | Oct 2024 |
Effectivo Innovations Limited Block 4 Corporate Park Alick Nkhata Road Mass Media LUSAKA |
| 34 | Wirepick Limited | Payment Aggregation | Apr 2025 |
Wirepick Limited Plot No. 22 Off Roan Road Kabulonga Square LUSAKA |
| 35 |
JustTap Payments Limited
|
Payment Aggregation | May 2025 |
JustTap Payments Limited Plot No. 5 Maimwena Road Rhodespark LUSAKA |
DESIGNATED PAYMENT SYSTEM PARTICIPANTS
| No. | Name of Payment System Participant | Payment systems designated to participate on | Month/Year of Designation | Physical Address |
| 1 | AB BANK | CIC, DDACC & ZIPSS/RTGS | Aug 2011 |
AB Bank Plot No. 7399 Chainda Place Off Cairo Road P.O. Box 38173 LUSAKA |
| 2 | ABSA BANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
ABSA Bank Plot No. 4644 Elunda Park Cnr Tito Road & Nasser Road P.O. Box 31936 LUSAKA |
| 3 | ACCESS BANK | CIC, DDACC & ZIPSS/RTGS | Oct 2008 |
Access Bank Plot 682 Cairo Road Northend P.O. Box 35273 LUSAKA |
| 4 | BANK OF CHINA | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Bank of China Plot No. 2339 Kabelenga Road P.O. Box 34550 LUSAKA |
| 5 | CITIBANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Citibank house, Plot No. 4646, Addis Ababa Roundabout, Corner Chikwa/Nasser Roads, P.O. Box 30037 LUSAKA |
| 6 | ECOBANK | CIC, DDACC & ZIPSS/RTGS | Dec 2009 |
Ecobank Stand No. 22768 Corner Great East/Thabo Mbeki Roads P.O. Box 30705 LUSAKA |
| 7 | FIRST ALLIANCE BANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Frist Alliance Bank Plot No. 627 Alliance House Cairo Road P.O. Box 36326 LUSAKA |
| 8 | FIRST CAPITAL BANK | CIC, DDACC & ZIPSS/RTGS | May 2011 |
First Capital Bank Kwacha Pension House - Ground Floor Plot No. 4604 Tito Rd off Church Road LUSAKA |
| 9 | FIRST NATIONAL BANK | CIC, DDACC & ZIPSS/RTGS | Jun 2009 |
Stand No. 22768 Corner Great East /Thabo Mbeki Roads P.O. Box 36187 lusaka |
| 10 | INDO ZAMBIA BANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Indo Zambia Bank Plot No. 6907 Cairo Road P.O. Box 35411 LUSAKA |
| 11 | STANBIC BANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Stanbic Bank Stanbic Bank House Addis Ababa Drive P.O. Box 31955 LUSAKA |
| 12 | STANDARD CHARTERED BANK | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Standard Chartered Bank Plot 108 Standard House Cairo Road LUSAKA |
| 13 | UNITED BANK FOR AFRICA | CIC, DDACC & ZIPSS/RTGS | Mar 2010 |
United Bank for Africa Stand No. 22768 P.O. Box 36794 Corner Great East / Thabo Mbeki Roads LUSAKA |
| 14 | ZANACO | CIC, DDACC & ZIPSS/RTGS | Apr 2008 |
Zanaco P.O. Box 33611 Plot No. 33454 Cairo Road LUSAKA |
| 15 | ZAMBIA INDUSTRIAL COMMERCIAL BANK | CIC, DDACC & ZIPSS/RTGS | Oct 2018 |
Zambia Industrial Commercial Bank Farmers House Central Park Corner of Church road and Cairo road P.O. Box 30228 LUSAKA |
DESIGNATED PAYMENT SYSTEM BUSINESSES
| No. | Name of Payment Systems Business | Type of business designated to operate | Month/Year of Designation | Physical Address |
| 1 | Airtel Mobile Commerce Zambia Limited | Mobile Payments (Mobile Payment services and money transmission services) | Mar 2011 |
Airtel Mobile Commerce Zambia Limited Airtel House, plot No. 2375 CNR of Addis Ababa & Great East Rd, Box 320001 LUSAKA |
| 2 | Zoona | Mobile Payments (Mobile Payment services and money transmission services) | Oct 2009 |
Zoona Limited Plot No. 1 Chila Road Kabulonga, LUSAKA |
| 3 | MTN Mobile Money Limited | Mobile Payments (Mobile Payment services and money transmission services) | Jan 2012 |
MTN Mobile Money Limited Plot no. A2/55//609 Zambezi road, Roma, LUSAKA |
| 4 | National Savings and Credit Bank | Proprietary Money Transfer (money transmission services) | Jul 2009 |
Savers House Plot NO. 248B, P O Box 30067, Cairo Road, LUSAKA |
| 5 | Roraima Payment Services Zambia Limited (formally know as Money Express Limited) | Local Money Tranfer (money transmission services) | Oct 2008 |
Money Express Limited Comcapital House 7393 Chainda Place P.O Box 36706 LUSAKA |
| 6 | Zambia Postal Services Corporation (Zampost) | Western Union International Money Transfer (money transmission services) | Sep 2008 |
ZamPost Corner of Moffat & Broadway Provident Hse, P.O. Box 71845, NDOLA |
| 7 | Necor | Money Transmission Services | Jul 2008 |
NECOR 12 Lonhro House, Cairo Road, P.O Box 31465, LUSAKA |
| 8 | Bayport | Mobile Payments Solutions (MPS) Money Transfer (money transmission services) | Dec 2009 |
Plot No. 68 Bayport House Independence Avenue P.O. Box 33819 LUSAKA |
| 9 | United Bank of Africa | Money Gram International Money Transfer (money transmission services) | Dec 2009 |
United Bank for Africa Stand No. 22768 Acacia Park CNR of Great East Rd & Thabo Mbeki Road P.O. Box 36794 LUSAKA |
| 10 | First Capital Bank | RIA International Transfers (money transmission services) | May 2011 |
First Capital Bank Kwacha Pension Hse Ground Floor Plot No. 4604 Tito Road, off Church Road LUSAKA |
| 11 | Stanbic Bank | Money Gram International Money Transfer (money transmission services) | Jan 2009 |
Stanbic Bank House Addis Ababa Drive P.O. Box 31955 LUSAKA |
| 12 | ZANACO | Money Gram International Money Transfer (money transmission services) | Sep 2008 |
Zanaco Cairo Road P.O. Box 32111 LUSAKA |
| 13 | Ecobank | Western Union International and Rapid Transfer Money Transfer (money transmission services) | Dec 2009 |
Plot NO. 22768 Acacia Park Corner Great East Road & Thabo Mbeki Road LUSAKA |
| 14 | PostDotNet | Money Transmission Services | Oct 2009 |
PostDotNet Suite 106 Foxdale Courts Zambezi Road Roma LUSAKA |
| 15 | Cactus Financial Services | Western Union International Money Transfer (money transmission services) | Sep 2008 |
Cactus Financial Services Shop No. 3, Luangwa House Cairo Road LUSAKA |
| 16 | Standard Chartered Bank | Western Union International Money Transfer (money transmission services) | Oct 2008 |
Standard Chartered Bank Plot 108 Standard House Cairo Road LUSAKA |
| 17 | Access Bank | Western Union International Money Transfer (money transmission services) | Jul 2009 |
Access Bank Plot 682 Cairo Road Northend P.O. Box 35273 LUSAKA |
| 18 | AB Bank | RIA International Transfers (money transmission services) | Aug 2011 |
AB Bank Plot No. 7393 Chainda Place Off Cairo Road P.O. Box 381732LUSAKA |
| 19 | Kazang Spargris Zambia LTD | Mobile Money | Mar 2013 |
Shop No. 3 Acacia Park Arcades Great East Road LUSAKA |
| 20 | Zambia National Building Society | Proprietary Money Transfer (money transmission services) | Dec 2014 |
Centuary House P.O.BOX 30420, LUSAKA |
| 21 | Madison Finance | Western Union International Money Transfer (money transmission services) | Dec 2014 |
Dar-es-salaam Place Cairo Road P.O.BOX 34366 LUSAKA |
| 22 | Zamtel Kwacha | Mobile Payments (Mobile Payment services and money transmission services) | Feb 2015 |
Zambia Telecommunications Company Limited Zamtel House Corner of Church/ Chilubi Road P.O Box 37000 LUSAKA |
| 23 | Mukuru Money Transfers | Money Transfer | May 2015 |
Mukuru Money Transfer P.O Box 36038 LUSAKA |
| 24 | Broadpay Zambia Limited | Payment Services | Sep 2015 |
BroadPay Zambia Limited Corner of great east road and Katopola Roads Unique House - 1st Floor Rhodespark LUSAKA |
| 25 | cGrate Zambia Limited | Payment Services | Mar 2016 |
cGrate Zambia Limited Plot 35214, Alick Nkhata road Kalingalinga LUSAKA |
| 26 | FINCA Zambia Limited | Money Transfer Services | Jul 2017 |
Chief Executive Officer FINCA Zambia Limited Plot No. 609 Zambezi Road - Suite 111 Foxdale Court P.O. Box 50061 LUSAKA. |
| 27 | Virtual Space Zambia Limited | E-Money Issuance and Money Transfer services | Feb 2018 |
Virtual Space Zambia Limited Plot 5402/M Los Ageles Road Makeni LUSAKA. |
| 28 | Union 54 Limited (formerly known as Zazu Africa Limited) | E-money Issuance/Prepaid cards | Sep 2018 |
Union 54 Limited Plot 1253 Chaholi/cnr Mambulima Road LUSAKA |
| 29 | SamAfrica Online Zambia Limited | E-money Issuer - web based | Jan 2019 |
SamAfrica Online Zambia Limited Unit B Jacaranda Mall P.O. Box 71451 NDOLA |
| 30 |
MyPay Financial Solutions Limited |
E-money Issuer | Jun 2020 |
MyPay Financial Solutions Limited Finance House – 4th Floor – Heroes Place P.O. Box 34376 Cairo Road LUSAKA |
| 31 | SmartPay Solutions Limited | Payment Services, Money Remittance Services | Jun 2020 |
SmartPay Solutions Limited 377A Bishop Road Kabulonga LUSAKA |
| 32 | Redstone Zambia Limited | Money Remittance Services | Dec 2020 |
Redstone Zambia Limited Plot 106/A56 Retreat Avenue Roma Park LUSAKA |
| 33 | Instapay Africorp Limited | Money Remittance Services | Feb 2021 |
Instapay Africorp Limited Plot 1 Nalubuto Road Rhodes Park LUSAKA |
| 34 | Paycode Zambia Limited | E-money Issuer | Apr 2021 | Paycode Zambia Limited
Plot 86 Independence Avenue LUSAKA |
| 35 | SmileFin Technologies Limited | E-money Issuer | Jul 2021 | SmileFin Technologies Limited
2nd Floor Blue House Arcades Great East Road LUSAKA |
| 36 | SpeedPay Zambia Limited | E-money Issuer | Mar 2023 | SpeedPay Zambia Limited
Villa 48 Millennium Village Birdcage Walk Road Longacres LUSAKA |
| 37 | Monyglob PTY Limited | Money Remittance Services | Mar 2023 | Monyglob PTY Limited
Plot 29389 Makeni Road Makeni LUSAKA |
| 38 | Jabu Wallet Ltd | E-money Issuer | Mar 2023 | Jabu Wallet Ltd
Plot No. 12592 Mwembeshi Road Chinika Industrial Area LUSAKA |
| 39 | Mytalu Zambia Limited | E-money Issuer | Jun 2023 |
Mytalu Zambia Limited Plot 1014 Church Road Rhodes Park LUSAKA |
| 40 | LOLC Finance Limited | Payment Services | Sep 2023 |
LOLC Finance Limited Green City Office Park Danny Pula Road LUSAKA |
| 41 | Lupiya Pay Limited | E-money Issuer | Sep 2023 |
Lupiya Pay Limited 1st Floor Sartunia House Dunduza Chisidza Crescent LUSAKA |
| 42 | Pulse Financial Services Limited (Trading As EFC) | Payment Services | Sep 2023 |
Pulse Financial Services Limited Pangean Office 2nd Floor Unit 11 Great East Road Show Grounds LUSAKA |
| 43 | Spectrum Corporate Services Limited T/A Datamatix Technology | Electronic Money Issuance | Feb 2024 |
Spectrum Corporate Services Limited Plot 10 Spectrum House Great East Road Jesmondine LUSAKA |
| 44 | GIGX Technologies Limited | Money Remittance Services | May 2024 |
GIGX Technologies Limited No. 12 Harrison Chongo Street Woodlands LUSAKA |
| 45 | Yafika Mobile Money Limited | Emoney Issuance | Jul 2024 |
Yafika Mobile Money Limited Unit 8E Pangea Office Park Great East Road LUSAKA |
| 46 | Guilder Payment Solutions Limited | Emoney Issuance | Aug 2024 |
Guilder Payment Solutions Limited 9th Floor, Sunshare Towers Katima Mulilo Road Olympia LUSAKA |
| 47 | Inclusive Money Technology Limited | Emoney Issuance | Aug 2024 |
Inclusive Money Technology Limited 4 Bishop Office Park Bishops Road Kabulonga LUSAKA |
| 48 | Spenn Zambia Limited | Emoney Issuance | Oct 24 |
Spenn Zambia Limited Unit 1 & 2 Counting House Piziya Office Park Thabo Mbeki Road LUSAKA |
| 49 | Beeline Fintech Limited | Emoney Issuance | Dec 24 |
Beeline Fintech Limited Unit 2 Suite 1 Counting House Thabo Mbeki Road Mass Media LUSAKA |