Who can process payments in Malawi?
As of 2023-06-30, 10 entities are on the official Reserve Bank of Malawi register under the Malawi licence category this dataset maps to payment processing ("Payment Service Provider (Other PSP)"). The full, source-linked list is below.
Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · unchanged since the previous check.
“Payment processing” here is the normalized activity: Provide payment processing / payment solution services without holding customer funds. Providers in this category cannot keep customers' money.
Activity id (as used by the Afriset MCP): fintech:PAYMENT_PROCESSING
Payment Service Provider (Other PSP)
Reserve Bank of Malawi · 10 entities · source date 2023-06-30- AfrimaxPay
- Atlas Digital Services Limited
- Direct Pay Limited
- eLipa Limited
- Epay Limited
- FINCA
- Mobipay
- Mukuru
- National Switch Limited
- Wealthnet Finance
Source: Reserve Bank of Malawi
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