Payaza has obtained a Payment System Operator license in Uganda, strengthening its regulatory footprint as it builds a multi country payments network across Africa.
The approval allows the company to operate directly within Uganda’s financial system under local supervision. It can now process local and international transactions, integrate card networks and mobile wallets, and offer settlement services in line with national compliance standards.
For merchants, this means a single integration that supports global card payments alongside dominant local channels such as MTN Mobile Money and Airtel Money. The license also permits multi currency settlement, helping businesses manage foreign exchange exposure and reduce operational friction when trading across borders.
Founded to address fragmentation in African payments, Payaza has positioned itself as infrastructure rather than a simple gateway. By securing regulatory approvals market by market, the company is moving away from indirect partnerships toward licensed operations within each jurisdiction.
Uganda represents a strategic entry point into East Africa, where mobile money drives everyday commerce. A licensed presence allows Payaza to align its technology with wallet led consumer behaviour while offering international merchants a compliant route into the market.
The move reflects a broader shift in African fintech, where scale increasingly depends on regulatory depth as much as product innovation. As cross border trade grows under the African Continental Free Trade Area framework, licensed payment infrastructure is becoming central to how businesses expand regionally.
Category: Startups, Africa Focus
Tags: Payaza, Fintech