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Business captains hail National Bank of Malawi for credit card

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Business captains and customers have hailed National Bank of Malawi (NBM) for introducing its Visa-branded credit card, describing it a huge innovation and way forward for the banking industry.

NBM launched NBM credit card last week in Lilongwe and on Friday introduced the innovation to business gurus and customers based in the Southern Region at Sunbird Mount Soche.

In random interviews, most of the business captains and customers expressed satisfaction with the card, saying it was long overdue.

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“This credit card is a fantastic innovation. We had problems in the past whenever we wanted to travel out of the country as we had to apply for forex and go through all that process but with this credit card, one can just leave as the money is in the card,” said Meyer Chisanga, a prominent lawyer and NBM customer. Malawi Telecommunications Limited (MTL) Chief Administration Officer, Hilda Singo, said the credit card is long overdue.

“We have been waiting for this credit card for a long time. This is the way to go, especially when one wants to travel outside the country, it will make out life much easier,” Singo said.

Speaking at the function, NBM Acting Chief Executive Officer, Mac Fussy Kawawa, promised that the bank will lead and help in creating a vision of a robust and efficient payment system for the nation.

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“It is our tradition that every time we are bringing new innovation on the market, we give adequate time to pilot the product and test it with both our staff and some of our customers,” Kawawa said.

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