Sabipay Expands Payment Services in Zambia
Pesapal Limited’s subsidiary, Sabipay Technologies, has secured a significant boost to its operations in Zambia after being granted a Payments System Business license by the Bank of Zambia. This authorization empowers Sabipay to offer a comprehensive range of payment solutions to both businesses and consumers across the country.
The new license will allow Sabipay to process online payments, mobile money transactions, and card payments, enhancing efficiency and inclusivity within Zambia’s electronic payment ecosystem.
Agosta Liko, CEO of Pesapal Limited, expressed the company’s excitement about the development, stating that it reinforces their commitment to regional expansion and financial inclusion. Sabipay aims to provide innovative and user-friendly payment solutions that transform how people and businesses conduct financial transactions.
With this expansion, Sabipay is poised to revolutionize Zambia’s payment landscape, offering businesses greater flexibility and consumers more convenient payment options. The company’s focus on technology and customer experience is expected to drive increased adoption of electronic payments in the country.
Pesapal, with its presence in Kenya, Uganda, Tanzania, Rwanda, and now Zambia, is a leading payment services company in Africa, committed to connecting millions of Africans to the global financial system.
Pesapal is a leading payment services company with a focus on Africa. The company is dedicated to building payment and business tools for the African market and aims to connect one million African entrepreneurs and customers to electronic payments, e-commerce, and the global financial system by 2030. Pesapal is regulated by the Central Banks of Kenya, Uganda, Tanzania, Rwanda, and Zambia.
