Payments Association of Zambia

Growth through Innovation.

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PAYZ

Discover Our Goals

OUR PURPOSE

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

OUR MISSION

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

OUR VISION

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

OUR GOALS

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

VEIW OUR PROJECTS

ABOUT US

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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PAYZ

Annual Programs

Support towards the development of Sector-Specific e-KYC

The association is actively supporting the development of a centralised payment infrastructure for the financial sector.

Development of DFS Code of Conduct

To define rules, standards, and ethical practices for all players in the Digital Financial Services space (mobile money, e-money, etc.), to ensure consumer protection, consistency, and good governance.

Development of Uniform Mobile Money Agent Training Manual

To provide a standard, uniform training manual for mobile money agents across Zambia. Ensures that all agents have the basic, required skills and ethics.

Digital | Financial Literacy Campaigns

To increase public awareness of digital financial services, improve consumer knowledge about rights and risks (fraud etc.), and promote usage of safe digital payment methods.

Supporting Domestic Fintech Development

To stimulate growth of fintech firms in Zambia, likely through enabling policy, industry networking, possibly technical or capacity support.

FINANCE

Members' Benefits

  • Member voting rights (not applicable to international players)
  • Media outreach and education
  • Exclusive peer to peer and regulator-player networking
  • Annual innovative payments conference
  • Members will feature on the PAYZ podcast interviews and media interviews
  • Working groups led by industry experts
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Building a world-class industry association means uniting market players, regulators, market facilitators, investors, and consumers around a shared vision—one centered on delivering true value to end-users of digital financial services. That is the essence of why PAYZ was born.

Robert Phiri

CEO
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OUR STAFF

Meet Our Team

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Roy Muyelu

Chair Person
Kangwa Kasonde

Kasonde Kangwa

Secretary
Jackson

Jackson Malunda

Treasurer
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Chilufya Mutale

Vice Chair Person
VIEW ALL TEAM MEMBERS

PAYZ

PAYZ MEMBERSHIP

Interested parties may download our membership application form here.

DOWNLOAD OUR MEMBERSHIP FORM

WHAT'S NEW?

Our Blog