Airtel and PawaPay Revolutionize Cross Border Transactions, Supercharging Malawi’s Economy
Key Business Points
- Airtel Money Africa has partnered with pawaPay to enable seamless cross-border payments for licensed International Money Transfer Operators across seven key Airtel Africa markets, including Malawi.
- The collaboration launches pawaPay’s inbound remittance service in Malawi, allowing Malawians to receive money from abroad directly into their Airtel Money wallets.
- This partnership aims to advance financial inclusion and economic growth in Malawi by providing secure, instant mobile wallet transactions, with pawaPay’s infrastructure processing over four million transactions daily with 99.9 percent uptime.
The recent partnership between Airtel Money Africa and pawaPay is set to revolutionize the way Malawians receive international remittances. With this collaboration, Airtel Money users in Malawi can now receive money from abroad directly into their wallets, thanks to pawaPay’s inbound remittance service. This development is expected to have a significant impact on the local economy, as remittances remain a critical source of financial support for many families and businesses in Malawi.
According to Airtel Money Africa CEO Ian Ferrao, the partnership is timely and will further strengthen Airtel Money’s backend processes, improving the efficiency and reliability of mobile money services across Malawi. Ferrao highlighted that the integration empowers International Money Transfer Operators to securely connect with Airtel Money’s growing footprint, delivering real-time payments that support financial inclusion and economic growth.
PawaPay CEO Nikolai Barnwell emphasized that the company’s mission is to simplify payments for businesses in Africa, and remittances are pivotal in achieving this goal. The partnership with Airtel Money allows International Money Transfer Operators to leverage pawaPay’s world-class infrastructure for seamless cross-border payments. As Barnwell noted, "Our mission is to simplify payments for businesses in Africa, and remittances are pivotal. Deepening our relationship with Airtel Money allows International Money Transfer Operators to leverage our world-class infrastructure for seamless cross-border payments."
The partnership is expected to have a positive impact on Malawi’s economy, as it will enable zinenzyme zathu (our own businesses) to access international transfers securely and conveniently. With Airtel Money’s wide reach across the country and pawaPay’s reliable infrastructure, customers in Malawi can now enjoy seamless, real-time access to remittances. This development is a significant step towards advancing Malawi’s digital economy, and it is expected to create new opportunities for wopanga ngozo (entrepreneurs) and businesses in the country. As the partnership continues to grow, it will be interesting to see how it will contribute to Malawi’s economic growth and chuma cha kapita (capital flow) in the region.
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