Masm partners Mybucks in subscription payment

The Medical Aid Society of Malawi (Masm) has partnered Mybucks Banking Corporation Malawi to ease subscription fees payment.

The pact, which was signed on Tuesday at Masm offices in Blantyre, would see Masm members paying subscription fees in the bank’s branches across the country.

The payment could also be settled through Myback’s digital platform.

MyBucks Malawi Head of Retail and SME Banking Mayamiko Kalizang’oma said the deal would see Masm members accessing seamless services through the bank’s platform.

“Mybucks is focused on making people’s lives better through convenient and simplified banking using technology and partnerships. We, therefore, are delighted to bring about free and convenient Masm subscription payments,” he said.

He said, through the bank’s Flex Mobile Banking platform, existing and potential customers can enjoy the service in the comfort of their homes.

Masm Chief Commercial Officer Bernard Ambali said the agreement is in line with the medical insurance firm’s move to be providing convenient services to customers on monthly subscription payment.

“Considering the current Covid situation, more innovative ways of doing business also help members to transact in the convenience of their homes or offices.

“I would, therefore, encourage all members to make full use of this payment platform as we continue to observe Covid guidelines,” Ambali said.

Mybucks Malawi has 17 branches, 150 agents and 30 automated teller machines across the country.