Afriset Fintech

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.

Source recency: Reserve Bank of Malawi's official list is dated 2023-06-30 — the most recent official publication; verify current status directly with Reserve Bank of Malawi. Entries below are as reported by that list — not a statement of current status.

“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
  1. AfrimaxPay
  2. Atlas Digital Services Limited
  3. Direct Pay Limited
  4. eLipa Limited
  5. Epay Limited
  6. FINCA
  7. Mobipay
  8. Mukuru
  9. National Switch Limited
  10. Wealthnet Finance

Source: Reserve Bank of Malawi

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