Zambia’s national payments industry body.
PAYZ is the joint industry platform for Payment Service Providers, Mobile Money Operators, Fintechs, Banks and other stakeholders driving Zambia’s transition to a cashlite economy.
Our mandate & history
The Payments Association of Zambia (PAYZ) was founded in 2018 and subsequently registered in 2019. We were recognised in terms of the constitution as a payment system association under the Societies Act of Zambia CAP 119.
The Bank of Zambia together with Financial Sector Deepening Zambia (FSDZ), mobile money operators and non-bank payment service providers partnered to form PAYZ. The association serves as a joint industry platform from which members collaborate on payment systems policy formulation, innovations, and the conduct of public and private dialogue.
Purpose, mission, vision & goals
PAYZ exists to represent Members in the payment system in the interest of economic development of Zambia.
The mission of PAYZ is to manage and contribute to the development of the National Payments System.
PAYZ aspires to be acknowledged as world class, in assisting in the evolution and oversight of the payments industry Zambia.
To ensure improved sustainability, research and development, inclusion, financial stability, innovation, and interactive and integrated industry dialog.
Three reasons members become PAYZ members
Industry Collaboration
Participate in discussions, initiatives and working groups aimed at advancing Zambia’s payments landscape.
Access to Resources & Insights
Research and insights on industry trends, regulations and best practices — so you can better serve customers.
Networking Opportunities
Connect with banks, fintechs, regulators and industry experts. Strong relationships drive mutual goals forward.