
MyBucks Malawi unveils new payment solution
MyBucks Banking Corporation Malawi has rolled out a new mobile payment system that has simplify the way of doing business.
In a statement, the bank says the system enables MyBucks Banking Corporation Malawi registered mobile banking customers to easily pay fees for schools, hospitals, and churches, thereby simplifying transactions through technology.
The bank’s head of channels Felix Chitera says the need for an efficient and cost-effective payment method for students, churches and hospitals, compelled the bank to develop the system.
He said: “The system allows for school fees, church contributions and hospital payments to be made via the MyBucks mobile banking platform *632# and over-the-counter teller transactions”.
Chitera said the new system also provides benefits such as ...