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Namibia

NamPay

Scheme name: NamPay

IIPS Type: Bank

Instruments: Credit EFT, Debit EFT

Channels: Browser, POS, ATM, Branch

Use cases: Transfers & remittances (P2P), Inventory & business services (B2B)

Inclusivity level: Not ranked

Year of establishment: 2021

System owner: Payments Association of Namibia (PAN)

Overseer: Bank of Namibia

Operator: Payments Association of Namibia (PAN)

Total Participants: 9

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CategoryNamPay
Geographic reachDomestic
Geographic descriptionNamibia
Scheme governancePayments Association of Namibia (PAN)
Settlement agentBank of Namibia
Participants - commercial banks8
Participants - MMOs0
Participants - non-bank PSPs0
Participants - MFIs1
Volumes 2018N/A
Volumes 2019N/A
Volumes 2020N/A
Volumes 2021N/A
Values 2018N/A
Values 2019N/A
Values 2020N/A
Values 2021N/A
Interoperability arrangementThird party
Ownership modelParticipant-owned
Governance TypologyPrivate association
Messaging standardISO 20022
Types of proxy IDsN/A
Use of open APIsN/A
QR code standard No
Pro-poor governanceYes

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