TNM Mpamba Ltd, wholly owned subsidiary of TNM Plc has become the first mobile money provider in Malawi to launch a Mastercard virtual payment solution to enable its mobile money customers make safe and seamless local and international e-commerce payments on the Mastercard network.
The Khadi Mbambande is a wallet that will evolve and work like an ATM card to enable payments both locally and internationally.
A first of its kind in Malawi, Khadi Mbambande follows a partnership with Mastercard and the local authorized Mastercard issuer, National Bank of Malawi. It will be available both as a mobile wallet on the phone and as a physical debit card, similar to a bank ATM card.
Said TNM Mpamba General Manager Christopher Sukasuka; “We are excited to announce our partnership with Mastercard that aims to provide people with access to financial services and tools that simplify lives. Khadi Mbambande is a debit …