Dec 17, 2017 Last Updated 8:35 AM, Dec 15, 2017
×

Warning

JFile: :read: Unable to open file:

NBM to introduce MasterCard service

NBM headquarters in Blantyre  NBM headquarters in Blantyre
Published in Local News
Read 20891 times
Rate this item
(0 votes)

The travelling public and the business community will now have an opportunity of using electronic cash as representatives of National Bank of Malawi (NBM) plan to introduce a Master Card service.

Many Auto teller Machines worldwide recognize Master Cards which give people an opportunity not to carry a lot of cash when travelling abroad.

National Bank was the first to introduce the VISA card in the country which is another internationally recognized facility for electronic cash.

 This development has followed the granting of principle membership to NBM by MasterCard. The bank will start offering these services this year.

“Throughout the world, its principal business is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the MasterCard brand debit and credit cards to make purchases.” Said Mcfussy Kawawa NBM General Manager;

According to Kawawa, MasterCard is a payment network that connects merchant payment terminals with a bank’s credit card department.

Because millions of merchants accept huge amounts of credit card purchases every day, NBM preferred to use the MasterCard network to process credit transactions.

“It is the banks expectation that going forward, customers will continue using our services which are convenient and very efficient.” added Kawawa 

 

15032 comments

  • Comment Link Vancouver SEO company Vancouver SEO company Sunday, 10 December 2017 15:22

    Wow, superb weblog format! How long have you ever been running a blog for? you make blogging look easy. The full look of your website is magnificent, let alone the content material!

  • Comment Link 915ers 915ers Sunday, 10 December 2017 13:19

    If you are free to watch comical videos on the internet then I suggest you to pay a quick visit this web site, it contains actually therefore humorous not only videos but also extra information.

  • Comment Link retro retro Sunday, 10 December 2017 11:16

    I truly appreciate this blog post.Much thanks again. Much obliged.

  • Comment Link cool t shirts for men cool t shirts for men Sunday, 10 December 2017 10:23

    Thanks for sharing, this is a fantastic article. Really Great.

  • Comment Link fifa worldcup fifa worldcup Sunday, 10 December 2017 07:12

    I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Google. You have made my day! Thank you again.

Leave a comment

Make sure you enter the (*) required information where indicated.Basic HTML code is allowed.

Capital Tweets

Any data to display

Find Us on Facebook