KAMPALA, UGANDA - November 18, 2025 - Rexial Payment Systems Limited has been granted a full Payment System Operator (PSO) license by the Bank of Uganda, marking a milestone for recurring payments infrastructure in East Africa. The license authorizes Rexial to operate commercially as Uganda's direct debit infrastructure provider, connecting banks, mobile money operators, and businesses nationwide.
From Sandbox to Full License
Rexial's journey to licensing began in 2023 when the company was admitted to the Bank of Uganda Sandbox to test its direct debit platform. Over two years, Rexial successfully processed transactions through pilot partnerships with Stanbic Bank Uganda and XENO Investments, demonstrating the platform's security, reliability, and compliance with regulatory standards.
"Receiving our PSO license is the culmination of years of development, testing, and collaboration with the Bank of Uganda," said Aéko Ongodia, CEO of Rexial. "This license validates our infrastructure and gives financial institutions the confidence to connect to our network. We can now scale direct debit capabilities across Uganda's entire banking and mobile money ecosystem."
What the License Enables
The PSO license authorizes Rexial to operate as regulated payments infrastructure, enabling:
- Banks and mobile money operators to offer direct debit services without building proprietary systems
- Businesses across sectors—utilities, insurance, lending, subscriptions—to automate recurring collections
- Consumers to manage all their direct debits in one place with full visibility and control
This infrastructure has been absent from Uganda's payments landscape despite rapid growth in digital transactions. While mobile money and digital banking have flourished, automated recurring payments have remained largely manual—creating friction for businesses and customers alike.
Building Africa's Subscription Economy Infrastructure
Rexial's platform addresses a critical gap: over 95% of recurring transactions in Africa are still processed as one-off payments. For merchants, this means unpredictable cash flow and high collection costs. For consumers, it means managing multiple bills through fragmented manual processes each month.
"The direct debit infrastructure we've built doesn't just benefit one bank or one business—it creates a foundation for Uganda's entire subscription economy," said Arthur Nakkaka, Co-founder of Rexial. "From school fees and insurance premiums to investment contributions and utility bills, this infrastructure enables countless use cases that weren't previously viable."
Regulatory Rigor and Market Readiness
The Bank of Uganda's sandbox program provided a controlled environment for Rexial to validate its technology under regulatory supervision. The licensing process included comprehensive assessments of:
- Transaction security and data protection measures
- Compliance with national payments standards
- Operational resilience and disaster recovery capabilities
- Consumer protection mechanisms
- Anti-money laundering and fraud prevention systems
"The Bank of Uganda's thorough approach to sandbox testing and licensing has been instrumental in ensuring our platform meets international standards," added Ongodia. "This rigorous process gives all stakeholders—banks, businesses, and consumers—confidence in the infrastructure."
Next Steps: Network Expansion
With full licensing in place, Rexial is now focused on expanding its network of financial institution partners and onboarding businesses across multiple sectors. The company is in advanced discussions with additional banks and mobile money operators to connect to the platform in early 2026.
Businesses interested in offering direct debit capabilities can now integrate with Rexial through its AutoDebit API or merchant dashboard. Consumers will be able to manage their direct debits through the AutoPay mobile app, launching alongside network expansion.
About Rexial
Rexial builds the infrastructure that powers recurring payments across Africa, enabling banks, mobile money operators, and businesses to automate direct debits securely and reliably.
About Bank of Uganda
The Bank of Uganda is Uganda's central bank, responsible for regulating and supervising financial institutions and payment systems to ensure stability, efficiency, and integrity in the country's financial sector.
Media Contact
Rexial
press.uganda@rexial.com
+256 772 842 100
For more information about Rexial's PSO license and direct debit infrastructure, visit www.rexial.com.