Payment Service Provider — Uganda
The Uganda category mapped to payment processing.
Regulator: Bank of Uganda.
Payment-service-provider category under reg 11(1)(b) of the NPS Regulations 2021, licensed under NPS Act (Cap. 59) s.9 (grant of licence) - distinct from the payment-systems-operator category (reg 11(1)(a)).
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-24 · unchanged since the previous check.
Coverage note: BoU's NPS directory lists 56 licensed entities but states a licence category/class for only 10; 8 carry PSP class wording. The 46 entities publishing no class are counted but not ingested (parse-what's-published) - an entity absent here may still appear on BoU's licensed directory without a stated class.
Licensed providers
8 entities| # | Provider | Status (as reported) | Source | Source date |
|---|---|---|---|---|
| 1 | Airtel Mobile Commerce Uganda Limited | licensed | Bank of Uganda | not dated |
| 2 | Chipper Technologies | licensed | Bank of Uganda | not dated |
| 3 | Interswitch East Africa (U) Limited | licensed | Bank of Uganda | not dated |
| 4 | IOTEC Limited | licensed | Bank of Uganda | not dated |
| 5 | Mcash Uganda Limited | licensed | Bank of Uganda | not dated |
| 6 | Micropay Uganda Limited | licensed | Bank of Uganda | not dated |
| 7 | MTN Mobile Money Uganda Limited | licensed | Bank of Uganda | not dated |
| 8 | Wave Transfer Limited | licensed | Bank of Uganda | not dated |
Reading the tables
- not dated
- — the official source publishes no date of its own. We show our own last-checked date instead of inventing one for the regulator.
Licence requirements
What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.
| Requirement | As published | Source | Source date |
|---|---|---|---|
| Minimum capital | No such requirement: Not separately prescribed for a general (non-EMI) PSP. Schedule 4's PSP category lists only the EMI class; "any other PSP" appears in the fee Schedule (3) with no capital figure in Schedule 4. | National Payment Systems Regulations, 2021 (S.I. 2021 No. 18) | 2021-02-26 |
| Local presence / incorporation | Certified incorporation documents; foreign company needs notarised incorporation copy; premises inspected pre-licence Verbatim“a certified copy of incorporation documents of the applicant … in case of a foreign company a copy of incorporation documents certified by a notary public” | National Payment Systems Regulations, 2021 (S.I. 2021 No. 18) | 2021-02-26 |
| Timeline | Processing: within 60 days. Validity: valid until revoked. Verbatim“The central bank shall grant the license within sixty days from the date of the application … A licence granted under this Act shall be valid until revoked” | National Payment Systems Act, 2020 (Cap. 59), consolidated | 2020-09-04 |
| Local ownership | No such requirement: No local-shareholding percentage prescribed | National Payment Systems Regulations, 2021 (S.I. 2021 No. 18) | 2021-02-26 |
| Fees | "any other payment service provider licence": application UGX 3,000,000 · licence UGX 5,000,000 · annual UGX 5,000,000 Verbatim“any other payment service provider licence — 3,000,000/= … 5,000,000/= … 5,000,000/=” | National Payment Systems Regulations, 2021 (S.I. 2021 No. 18) | 2021-02-26 |
| Ongoing obligations | Annual fee by 31 Jan (s.15(1)); 10-year record retention (s.63(1)); monthly reporting within 10 working days (reg 22(1)); quarterly + audited financials (reg 23); risk-management framework + international standards (reg 32); CB approval for mergers/outsourcing/cross-border/branches (regs 27–29, 31); consumer- & data-protection (s.65; reg 25(2)) Verbatim“…maintain a record of all payment transactions … for at least ten years … …pay an annual fee … on or before the 31st day of January … within ten working days from the last day of every month” | National Payment Systems Act, 2020 (Cap. 59), consolidated | 2020-09-04 |
Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.
The equivalent in other markets
Categories mapped to the same normalized activity —
fintech:PAYMENT_PROCESSING:
- → Payment Solution Service Provider (PSSP) Authorisation (Nigeria)
- → Switching & Processing Licence Category (Nigeria)
- → Electronic Retail Payment Service Provider (Kenya)
- → Payment Service Provider (Enhanced) (Ghana)
- → Payment Service Provider (Medium) (Ghana)
- → Payment Service Provider (Standard) (Ghana)
- → Third Party Payment Provider (South Africa)
- → System Operator (South Africa)
- → Payment Service Provider (Tanzania)
- → Payment Aggregation Service Provider (Zambia)
- → Aggregator (Rwanda)
- → Établissement de paiement (Benin)
- → Établissement de paiement (Burkina Faso)
- → Établissement de paiement (Côte d'Ivoire)
- → Établissement de paiement (Guinea-Bissau)
- → Établissement de paiement (Mali)
- → Établissement de paiement (Niger)
- → Établissement de paiement (Senegal)
- → Établissement de paiement (Togo)
- → Payment System Operator (POS & Payment Gateway Operator) (Ethiopia)
- → Établissement de paiement (Cameroon)
- → Établissement de paiement (Central African Republic)
- → Établissement de paiement (Congo-Brazzaville)
- → Établissement de paiement (Gabon)
- → Établissement de paiement (Equatorial Guinea)
- → Établissement de paiement (Chad)
- → Établissement de paiement offrant des produits et services de paiement (Morocco)
- → Electronic payment processing (EFT / payment gateway) (Zimbabwe)
- → Agrégateur (prestataire de services connexes de paiement) (DR Congo)
- → Agregador de pagamento (Mozambique)
- → Sociedade Prestadora de Serviços de Pagamentos (Angola)
- → Payment Service Provider (Mauritius)
- → Third-party payment service provider (Namibia)
- → Payment facilitator service provider (Namibia)
- → Account Based Payment Services (Botswana)
- → Payment Service Provider (Other PSP) (Malawi)
- → Établissement de paiement (Tunisia)
- → Établissement agrégateur de paiement (fournisseur de plateforme de paiement) (Burundi)
- → Payment service provider (The Gambia)
- → Payment service provider (Seychelles)
- → Instituição de pagamento (Cabo Verde)
- → Payment service provider (Sierra Leone)