PYCS Celebrates Licensing of Zamupay as a Payments Service Provider by the Central Bank of Kenya

PYCS is thrilled to announce that Zamupay, a fully owned subsidiary of PYCS, has been officially licensed as a Payments Service Provider (PSP) by the Central Bank of Kenya (CBK). This remarkable milestone underscores PYCS’s unwavering commitment to delivering secure, innovative, and customer-focused financial solutions that empower businesses and individuals.

With this license, Zamupay is poised to offer seamless, compliant, and reliable payment solutions across Kenya—further advancing PYCS’s mission of driving growth through technology-driven innovations that create lasting value for our customers. The licensing serves as a testament to PYCS’s leadership in the fintech space and our dedication to excellence and adherence to regulatory standards.

A Leader in Financial Technology

PYCS provides a diverse portfolio of cutting-edge financial solutions designed to meet the evolving needs of businesses and organizations:

• Zamupay: A digital payments platform streamlining the payment experience for businesses and individuals.
• Bayes: A digital lending platform offering fast and efficient credit solutions.
• Pesapepe: A mobile banking platform tailored for SACCOs, enhancing operational efficiency and accessibility.
• Zamupay Messaging: A bulk SMS service enabling organizations to communicate effectively with their stakeholders.

Paving the Way for Financial Transformation

We extend our deepest gratitude to the Central Bank of Kenya for recognizing our commitment to compliance and trust. This licensing marks a shared vision for driving financial inclusion and fostering Kenya’s expanding digital economy.

Together with Zamupay, PYCS will continue redefining the financial landscape, delivering innovative, secure, and reliable solutions to customers across Kenya and beyond. Thank you for your continued trust and support as we move forward toward a future of seamless financial services.