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Zambia

Zambia Eletronic Clearing House Limited (ZECHL)

Scheme name: Zambia Eletronic Clearing House Limited (ZECHL)

IIPS Type: Cross-domain

Instruments: E-money , Card

Channels: Browser , POS , ATM , Branch , Agent

Use cases: Transfers & remittances (P2P) , Merchant payments (P2B)

Inclusivity level: Progressed

Year of establishment: 2020

System owner: ZECHL

Overseer: Bank of Zambia

Operator: ZECHL

Total Participants: 17

Volumes 2021: 25,250,681

Values 2021: 1,071,829,397 USD

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CategoryZambia Eletronic Clearing House Limited (ZECHL)
Geographic reachDomestic
Geographic descriptionZambia
Scheme governanceZECHL
Settlement agentBank of Zambia
Participants - commercial banks14
Participants - MMOs3
Participants - non-bank PSPsN/A
Participants - MFIsN/A
Volumes 20180
Volumes 20190
Volumes 202012,000,000
Volumes 202125,250,681
Values 20180 USD
Values 20190 USD
Values 2020460,472,080 USD
Values 20211,071,829,397 USD
Governance TypologyPPP
Messaging standardISO 8583
Types of proxy IDsN/A
Use of open APIsN/A
QR code standard No
Pro-poor governanceOui

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