During the final draw of the Swipe and Win promotion which ran from November to January 15th, National Bank of Malawi Plc unveiled a Contactless Payment service which will enable customers with contactless cards to transact on Point of Sale (POS) devices by holding the card in front of the payment device instead of swiping and inserting.
Speaking during the press briefing held at NBM Towers in Blantyre, Head of Cards and e-Banking William Kaunda outlined that NBM will continue to innovate and introduce products that are aligned to changing market trends.
On the other hand, the Swipe and Win promotion has seen 200 winners get their cash back after using their NBM Visa Debit or Credit card on an NBM Point of Sales device (POS). 45 merchants have also been rewarded for increasing traffic on their POS Machines.