Payment Systems

Overview of Zambia's payment systems, schemes, and initiatives overseen by the Bank of Zambia.

National Payment Systems

Core payment infrastructure operated and overseen by the Bank of Zambia.

ZIPSS

Zambia Interbank Payment & Settlement System

Real-time gross settlement system for large value payments

DDACC

Direct Debit & Credit Clearing

Automated clearing house for retail electronic payments

ZECHL

Zambia Electronic Clearing House Limited

Cheque truncation and electronic clearing

Mobile Money

Mobile Payment Services

Digital payments via mobile network operators

Explore Payment Systems

Overview

Understanding Zambia's national payment infrastructure and systems

Regulatory Framework

Laws, directives and circulars governing payment systems

Oversight

Supervision and monitoring of payment system operators

Designation of Payment Systems

Designated systemically important payment systems

Outlook

Future developments and trends in payment systems

Vision and Strategy

Strategic direction for national payment systems

Participants & Access

Who can participate in Zambia's payment systems

Commercial Banks

Direct participants in ZIPSS and clearing systems

Payment Service Providers

Licensed PSPs offering payment solutions

Mobile Money Operators

MNOs providing mobile financial services

Microfinance Institutions

Indirect participants through sponsor banks

Initiatives & Developments

Ongoing modernisation and interoperability projects

National Financial Switch

Enabling interoperability across all payment platforms

Real-Time Payments Modernisation

Upgrading ZIPSS infrastructure for faster settlements

QR Code Standardisation

Implementing national QR code standards for merchant payments

Cross-Border Payment Integration

Regional integration with SADC payment systems

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