Who can issue e-money in Zambia?
7 entities are on the official Bank of Zambia register under the Zambia licence category this dataset maps to e-money issuance ("Electronic Money Institution") — issuing stored value and holding the customer float under that licence. Other institutions (e.g. licensed banks) may hold customer funds under separate authority. The full, source-linked list is below.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24 · unchanged since the previous check.
“E-money issuance” here is the normalized activity: Issue stored-value / electronic money redeemable at par and hold the customer float. The category of licence that lets a provider keep customers' money.
Activity id (as used by the Afriset MCP): fintech:EMONEY_ISSUE
Electronic Money Institution
Bank of Zambia · 7 entities · source not dated- MTN Mobile Money Limited
- Mypay Financial Solutions Limited
- Samafrica Online Zambia Limited
- Spargris Zambia Limited
- Union 54 Limited
- Zamtel Mobile Money Limited
- Zoona Transactions Zambia Limited
Source: Bank of Zambia
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