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Zambia

Zambian Kwacha (ZMW)

As part of Zambia’s efforts to reach 80% digital inclusion by the end of 2022, a digital payment platform strategy was implemented, with electronic payment systems being developed that aim to enable social cash transfers, and minimize fraud risks.

Zambia flag

Population

19,473,125

Banked Population:

48.52%

Group 427321246

Main industries

Mining, Agriculture, Tourism, and Energy

Group 427321247

Main imports

Refined Copper, Refined & Crude Petroleum,
Nitrogenous Fertilizers, and Mixed Mineral/Chemical Fertilizers

Group 427321248

Main exports

Raw & Refined Copper, Copper Ore,
Gold, and Raw Tobacco

GDP stats

$1,137.3

Per capita (USD)

4.6%

Growth annually

102

World ranking

Internet usage

20%

Smartphone usage

43%

Credit/debit card usage

46%

Population transacting electronically

39%

Group 427321245 1

Total volume of digital payments projected to reach

$4,642.00M (USD)

Zamtel Mobile Money

Mobile Money

Airtel Mobile Money Zambia

Mobile Money

MTN Mobile Money Zambia

Mobile Money

Airtel Mobile Money Zambia

Payout

MTN Mobile Money Zambia

Payout

Zamtel Mobile Money

Payout

Payment Methods in Zambia

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  • Mobile Money
  • Payout

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