By Dex Mpando

Zomba, January 25, Mana:  Business people in Zomba have expressed satisfaction with Digital Financial Services (DFS), which the Reserve Bank of Malawi (RBM) is encouraging as means of modern and convenient transaction.

Speaking on Thursday during DFS awareness, Anthony Phiri who is butcher at Mpunga Market said DFS was a way to go in the modern digital era.

Phiri said he enjoyed receiving payments from customers instantly through mobile money transfer, adding this proved convenient and safer than transacting through direct cash payments.

“This is a good development. I urge the Reserve Bank of Malawi to continue raising DFS awareness so that this should be fully adopted by many people,” he added.

Another business person, Andrea Bwanali, a barber said many of his customers prefer paying through mobile money or bank, describing DFS as very easy and safe.

“DFS made it easier for me to manage my finances. It has also helped me to save and invest for the future,” said Bwanali who was flanked by other business people that praised the DFS.

DFS Team Leader, Paul Nthala said RBM was impressed with the rate at which people were adopting DFS across Malawi.

“We will continue to promote DFS to ensure it remains secure, reliable and accessible to all the people in Zomba and other areas,” Nthala added.

RBM had already visited many areas in Malawi raising DFS awareness stating its advantages over old ways of business transacting.