PayChangu launched instant bank transfers with Centenary Bank for Malawi merchants. Business people receive money from any local bank immediately. The platform handles transfers worth 500 million kwacha each time. Energy companies and farmers get fast access to working capital. Construction firms and wholesale traders benefit from quick money movement.
Centenary Bank leader Godfrey Byekwaso promotes easier banking for customers. People use phone codes instead of mobile apps for transactions. Rural merchants enjoy simple digital payment methods. The national payment system links all banks together. Small business owners accept money without visiting bank offices.
PayChangu head Morgan Tembo helps entrepreneurs receive payments better. The service mixes mobile money with traditional bank transfers. Virtual accounts operate day and night for informal traders. Poor internet areas still process transactions through basic phones. Both firms expect stronger business growth across the country.
Centenary Bank leader Godfrey Byekwaso promotes easier banking for customers. People use phone codes instead of mobile apps for transactions. Rural merchants enjoy simple digital payment methods. The national payment system links all banks together. Small business owners accept money without visiting bank offices.
PayChangu head Morgan Tembo helps entrepreneurs receive payments better. The service mixes mobile money with traditional bank transfers. Virtual accounts operate day and night for informal traders. Poor internet areas still process transactions through basic phones. Both firms expect stronger business growth across the country.
