The new ecommerce platform established by NBS Bank and Network International will help drive Malawi’s goal of becoming a cash-lite economy. The service is another example of the Bank investing to support the growth of its customers and the Malawian economy as a whole, reinforcing its position as the leading innovator in the financial services sector.

Kwanele Ngwenya, Chief Executive Officer, NBS Bank, Malawi said: “E-commerce is the fastest-growing form of commerce in the world. Understanding its role as a key driver of growth for our business, we have launched a world class e-commerce platform with leading payments solutions provider, Network International.As a first for Malawi, we are providing a sophisticated, yet low-cost solution, which will not only help grow, but further engage our customer base and help drive online commerce across many segments of the population in Malawi.By accommodating all payment types, offering the highest levels of safety and security and enhancing the mobile device experience, our online platform will help many businesses and sectors of the economy grow their online presence and help drive a digital and cashless society.”