Bank of Zambia LOGO
  • News and Publications
  • Careers
  • Procurement
  • FAQs
  • Contact Us
  • About Us
  • Monetary Policy
  • Financial Stability
  • Statistics
  • Research and Publications
  • Banking and Currency
  • Payment Systems
  • Bonds and Tbills
  • BoZ Online
  • Bank of Zambia
  • Payment Systems
  • Designation of Payment Systems
  • Designated Payment System Institutions

Payment Systems

  • Overview of payment systems in Zambia
    • Systemically Important Payment Systems
    • Non-systemically Important Payment Systems
    • Regional Payment Systems
  • Payment Systems Regulatory Framework
    • Directives
    • Circulars
    • National Payment Systems Act
    • Payment Systems Rules
  • Payment Systems Oversight
  • Designation of Payment Systems
    • Designated Payment System Institutions
  • Payment Systems Outlook
  • Payment Systems Vision and Strategy

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 08

Zambia Electronic Clearing House Limited

COMESA House

Ben Bella Road

LUSAKA

2 Financial Transaction Services Zambia Limited Switching Apr 12

Financial Transctions Services Limited

Radian Retail Park

8357-Great North Road

P.O. Box 3679

LUSAKA

3 ZamLink eSwitch Zambia Limited Switching services Apr 08

Zamlink eSwitch Limited

Zambia Red Cross Society Building

2837 Los Angeles Boulevard

Longacres

P.O Box 38138

LUSAKA

4 Cellulant Switching services May 08

Cellulant Zambia Limited

Stand no. 4658/A

Chikwa Road

Ridgeway

LUSAKA

5 Bank of Zambia ZIPSS/RTGS Apr 08

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 19

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 19

LinkNet Zambia Limited

Premium House – 4th Floor 

Mboya Road

P.O. Box 37330

LUSAKA

8 Paynow  Zambia Limited Payment Processing Sept 19

Paynow  Zambia Limited

2nd Floor, Regus Arcades

Great East Road

LUSAKA

9 Netone Payment processing services using QR code/ USSD  Sept 19

NetOne Payment Systems Limited

P.O. Box 37680

Plot No. 12553 Zambezi Road

Roma

LUSAKA

10 DigitalPaygo Payment gateway, Aggregation, integration Dec 19

Digital Shared Services Limited 

Garden City Mall Office Park

Unit B6

Great East Road 

Waterfalls

LUSAKA

11 Zynle Technologies Payment Aggregation Jun 20

Zynle Technologies Limited

19003 off Kwacha Road

Olympia Park

P.O. Box 33864

LUSAKA

12 ProBASE Limited Payment gateway, Aggregation, integration Aug 20

ProBASE Limited

P.O. Box 38671

37 Paseli Road

Northmead

LUSAKA 

13 Hobbiton Technologies Limited Payment Aggregation April 2021

Hobbiton Technologies Limited

2287 Corner of Lagos and Lubuto Road

LUSAKA

14 Tumeny Payments Limited Payment Aggregation December 2021 Tumeny Payments LimitedPlot 26454 
Kasama Road
Chalala 
LUSAKA
15 Primenet Solutions Limited Payment Aggregation July 2022 Primenet Solutions LimitedNo 191B 
ChindoRoad
Kabulonga
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 11

AB Bank

Plot No. 7399

Chainda Place

Off Cairo Road

P.O. Box 38173

LUSAKA

2 ABSA BANK CIC, DDACC & ZIPSS/RTGS Apr 08

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 08

Access Bank

Plot 682

Cairo Road Northend

P.O. Box 35273

LUSAKA

4 ATLAS MARA CIC, DDACC & ZIPSS/RTGS Apr 08

AtlasMara Bank

Plot 746B

Atlas Mara House

Cnr Church & Nasser Road

P.O. Box 39501

Ridgeway

LUSAKA

5 BANK OF CHINA CIC, DDACC & ZIPSS/RTGS Apr 08

Bank of China

Plot No. 2339

Kabelenga Road

P.O. Box 34550

LUSAKA

6 CAVMONT BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Cavmont Bank

Plot No. 2374 Thabo Mbeki Road

Piziya Office Park

P.O. Box 38474

LUSAKA

7 CITIBANK CIC, DDACC & ZIPSS/RTGS Apr 08

Citibank house, Plot No. 4646, Addis

Ababa Roundabout,

Corner Chikwa/Nasser Roads,

P.O. Box 30037

LUSAKA

8 ECOBANK CIC, DDACC & ZIPSS/RTGS Dec 09

Ecobank

Stand No. 22768

Corner Great East/Thabo Mbeki Roads

P.O. Box 30705

LUSAKA

9 FIRST ALLIANCE BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Frist Alliance Bank

Plot No. 627

Alliance House

Cairo Road

P.O. Box 36326

LUSAKA

10 FIRST CAPITAL BANK CIC, DDACC & ZIPSS/RTGS May 11

First Capital Bank

Kwacha Pension House - Ground Floor

Plot No. 4604

Tito Rd off Church Road

LUSAKA

11 FIRST NATIONAL BANK CIC, DDACC & ZIPSS/RTGS Jun 09

Stand No. 22768

Corner Great East /Thabo Mbeki Roads

P.O. Box 36187

lusaka

12 INDO ZAMBIA BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Indo Zambia Bank

Plot No. 6907

Cairo Road

P.O. Box 35411

LUSAKA

13 INVESTRUST BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Investrust

Plot No. 19028

Ody's Park

Great East Road

P.O. Box 32344

LUSAKA

14 STANBIC BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Stanbic Bank

Stanbic Bank House

Addis Ababa Drive

P.O. Box 31955

LUSAKA

15 STANDARD CHARTERED BANK CIC, DDACC & ZIPSS/RTGS Apr 08

Standard Chartered Bank

Plot 108

Standard House

Cairo Road

LUSAKA

16 UNITED BANK FOR AFRICA CIC, DDACC & ZIPSS/RTGS Mar 10

United Bank for Africa

Stand No. 22768

P.O. Box 36794

Corner Great East / Thabo Mbeki Roads

LUSAKA

17 ZANACO CIC, DDACC & ZIPSS/RTGS Apr 08

Zanaco

P.O. Box 33611

Plot No. 33454

Cairo Road

LUSAKA

18 ZAMBIA INDUSTRIAL COMMERCIAL BANK CIC, DDACC & ZIPSS/RTGS Oct 18

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 11

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 09

Zoona Limited

Plot No. 1 Chila Road

Kabulonga, 

LUSAKA

3 MTN Mobile Money Limited Mobile Payments (Mobile Payment services and money transmission services) Jan 12

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 09

Savers House Plot NO. 248B,

P O Box 30067,

Cairo Road,

LUSAKA

5 Money Express Limited Cash4Africa Local Money Tranfer (money transmission services) Oct 08

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), Cash4Africa Local Money Tranfer (money transmission services) Sep 08

ZamPost

Corner of Moffat & Broadway Provident Hse,

P.O. Box 71845,

NDOLA

7 Necor Cash4Africa Local Money Tranfer (money transmission services) Jul 08

NECOR

12 Lonhro House, Cairo Road,

P.O Box 31465,

LUSAKA

8 Runnymede Coinster International Money Transfer (money transmission services) Sep 08

Runneymede Limited

Private Bag 383X

Plot No. 97

Tindu Crescent, Kabulonga

Ridgeway

LUSAKA

9 Bayport Mobile Payments Solutions (MPS) Money Transfer (money transmission services) Dec 09

Plot No. 68

Bayport House

Independence Avenue

P.O. Box 33819

LUSAKA

10 United Bank of Africa Money Gram International Money Transfer (money transmission services) Dec 09

United Bank for Africa

Stand No. 22768

Acacia Park CNR of Great East Rd & Thabo Mbeki Road

P.O. Box 36794

LUSAKA

11 First Capital Bank RIA International Transfers (money transmission services) May 11

First Capital Bank

Kwacha Pension Hse Ground Floor

Plot No. 4604

Tito Road, off Church Road

LUSAKA

12 Atlasmara Zambia Money Gram International Money Transfer (money transmission services) Sep 08

Atlasmara House

Plot 746 B

Corner of Church Road and Nasser Road

P.O. Box 39501

LUSAKA

13 Stanbic Bank Money Gram International Money Transfer (money transmission services) Jan 09

Stanbic Bank House

Addis Ababa Drive

P.O. Box 31955

LUSAKA

14 ZANACO Money Gram International Money Transfer (money transmission services) Sep 08

Zanaco

Cairo Road

P.O. Box 32111

LUSAKA

15 Investrust Money Gram International Money Transfer (money transmission services) Jul 09

Investrust Bank

Ody's Building

Great East Road

P.O. Box 32344

LUSAKA

16 Ecobank Western Union International and Rapid Transfer Money Transfer (money transmission services) Dec 09

Plot NO. 22768 Acacia Park

Corner Great East Road & Thabo Mbeki Road

LUSAKA

17 PostDotNet Money Transmission Services Oct 09

PostDotNet

Suite 106

Foxdale Courts

Zambezi Road

Roma

LUSAKA

18 Cactus Financial Services  Western Union International Money Transfer (money transmission services) Sep 08

Cactus Financial Services

Shop No. 3, Luangwa House

Cairo Road

LUSAKA

19 Standard Chartered Bank Western Union International Money Transfer (money transmission services) Oct 08

Standard Chartered Bank

Plot 108

Standard House

Cairo Road

LUSAKA

20 Access Bank Western Union International Money Transfer (money transmission services) Jul 09

Access Bank

Plot 682

Cairo Road Northend

P.O. Box 35273

LUSAKA

21 AB Bank RIA International Transfers (money transmission services) Aug 11

AB Bank

Plot No. 7393

Chainda Place

Off Cairo Road

P.O. Box 38173

LUSAKA

22 Unimoni Services Limited Money Transmission Services Jun 14

Unimoni Services Limited

Plot No. 9471

Kafue Road

P.O.Box 36774

Makeni

LUSAKA

23 Kazang Spargris Zambia LTD Mobile Money Mar 13

Shop No. 3 Acacia Park

Arcades

Great East Road

LUSAKA

24 Touch4Pay Zambia Limited Mobile Payment Services Aug 14

Touch4Pay Zambia Limited

192, GreenLane

Kabulonga

LUSAKA

25 Zambia National Building Society Proprietary Money Transfer (money transmission services) Dec 14

Centuary House

P.O.BOX 30420,

LUSAKA

26 Madison Finance Western Union International Money Transfer (money transmission services) Dec 14

Dar-es-salaam Place

Cairo Road

P.O.BOX 34366

LUSAKA

27 Zamtel Kwacha Mobile Payments (Mobile Payment services and money transmission services) Feb 15

Zambia Telecommunications Company Limited

Zamtel House

Corner of Church/ Chilubi Road

 P.O Box 37000

LUSAKA

28 Mukuru Money Transfers Money Transfer May 15

Mukuru Money Transfer

P.O Box 36038

LUSAKA

29 Broadpay Zambia Limited Payment services Sep 15

BroadPay Zambia Limited

Corner of great east road and Katopola Roads

Unique House - 1st Floor

Rhodespark

LUSAKA

30 Vending Technologies Zambia Limited Payment services Sep 15

Vending Technologies Zambia Limited

P.O. Box 36730

Plot 55

Luwato Road

Roma

LUSAKA

31 cGrate Zambia Limited Payment services Mar 16

cGrate Zambia Limited

Plot 35214,

Alick Nkhata road

Kalingalinga

LUSAKA

32 FINCA Zambia Limited Money Transfer Services Jul 17

Chief Executive Officer

FINCA Zambia Limited

Plot No. 609 Zambezi Road - Suite 111

Foxdale Court

P.O. Box 50061

LUSAKA. 

33 Virtual Space Zambia Limited E-Money Issuance and Money Transfer services Feb 18

Virtual Space Zambia Limited

Plot 5402/M

Los Ageles Road

Makeni

LUSAKA.

34 Zazu Africa Limited E-money Issuance/Prepaid cards Sep 18

                                                                               Zazu Africa Limited

Plot 1253 Chaholi/cnr Mambulima Road

LUSAKA

35 SamAfrica Online Zambia Limited E-money Issuer - web based Jan 19

SamAfrica Online Zambia Limited

Unit B

Jacaranda Mall

P.O. Box 71451

NDOLA

36 LendMePay Zambia Limited E-money Issuer Oct 19

LendMePay Zambia Limited

33 Mutende Road

Woodlands

LUSAKA

37 Billfold Zambia Limited Mobile Money Platform Jun 20

Billfold Zambia Limited

C/o BongoHive Technology and Innovation Hub

Plot No. 1694 8B

Thabo Mbeki Road

LUSAKA 

48

MyPay Financial Solutions Limited

E-money Issuer Jun 20

MyPay Financial Solutions Limited

Finance House – 4th Floor – Heroes Place

P.O. Box 34376

Cairo Road

LUSAKA

49 SmartPay Solutions Limited Payment Services, Money Remittance Services June 2020

SmartPay Solutions Limited

377A Bishop Road

Kabulonga

LUSAKA

50 Serengeti Technologies Limited E-money Issuer September 2020

Serengeti Technologies Limitedplot 5612 

Lufubu road

Kalundu

LUSAKA

51 Redstone Zambia Limited Money Remittance Services December 2020

Redstone Zambia Limited

Plot 106/A56 Retreat Avenue

Roma Park

LUSAKA

52 Instapay Africorp Limited Money Remittance Services February 2021

Instapay Africorp Limited

Plot 1

Nalubuto Road

Rhodes Park

LUSAKA

53 Paycode Zambia Limited E-money Issuer April 2021 Paycode Zambia Limited

Plot 86

Independence Avenue

LUSAKA

54 Nanosoft Code Zambia Limited E-money Issuer June 2021 Nanosoft Code Zambia Limited

Society Business Park 

P.O. Box 36342

LUSAKA

55 SmileFin Technologies Limited  E-money Issuer July 2021 SmileFin Technologies Limited 

2nd Floor Blue House

Arcades

Great East Road

LUSAKA

© Bank of Zambia 2016.   Home   | Contact Us  | Staff Email  | Terms & Conditions  | Sitemap