Growth through Innovation.

We are Zambia’s payment systems association addressing policy formulation, innovations and the conduct of public and private dialog.

Discover Our Mandate

Our Mandate

The payment association of Zambia (PAYZ) was founded in 2018 and subsequently registered in 2019 was recognized in terms of the constitution, being a payment system association registered as such in terms of the Societies Act Of Zambia CAP 119. The Bank of Zambia together with Financial Sector Deepening Zambia (FSDZ) mobile money operator and non bank payment service providers partnered to form the Payment Association of Zambia. The association serves as a joint industry platform from which members are able to collaborate in dealing with various issues of mutual interest including payment systems policy formulation, innovations and the conduct of public and private dialogue.

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OUR PURPOSE

PAYZ exists to represent Members in the payment system in the interest of economic development of Zambia.

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OUR MISSION

The mission of PAYZ is to manage and contribute to the development of the National Payments System.

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OUR VISION

PAYZ aspires to be acknowledged as world class, in assisting in the evolution and oversight of the payments industry Zambia.

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OUR GOALS

To ensure improved
sustainability, research and development, inclusion, financial stability, innovation, and interactive and integrated industry dialog.