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TNM Mpamba, First Capital Bank launch joint Transact & Win promotion

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Digital financial service provider, TNM Mpamba Ltd and First Capital Bank (FCB) have launched a “transact and win” promotion to reward shared customers for their loyalty on digital transactions.


Speaking during the launch in Blantyre, Dingani Ngulube, TNM Brand and Communications Manager said the joint promotion underscores the commitment that the two financial entities have towards enhancing digital transactions.


“We have organized the promotion jointly with one of our partners, FCB to emphasise that it is now possible for our shared customers to push money from their bank accounts into Mpamba wallets and vice-versa. Today’s development speaks to the current growth of TNM Mpamba as a reliable platform for integrated payments between mobile money and banks,” said Ngulube.


Ngulube said that over the years TNM Mpamba Ltd has integrated with other financial institutions in support of the financial inclusion drive.


Ngulube further hailed the partnership saying it has harnessed digital banking with efficiencies in the payment ecosystem.


In his remarks, FCB Head of Transaction Banking and Marketing, Ewen Hiwa hailed the agreement between the two institutions saying it provides convenience.


“Mpamba is one of the partners when it comes to our digital bouquet. As already alluded, First Capital Bank pioneered mobile money cardless withdrawals with Mpamba. A service that allows mobile money customers to withdraw e-value from any First Capital ATM.  It offers total convenience as ATMs are available 20/7. We further integrate on the push to bank and puh to wallet service to bring more convenience to our customers. TNM agents are also able to purchase e-value from all our branches. Together with TNM and other partners, we continue to build the eco-system in the payments space. It is against that background that today we are jointly launching the“Transact & Win” promotion to bring more awareness around these channels and all the convenience that comes with them,” said Hiwa.


The promotion targets to dish out a total of  K4 million in cash prizes  but in chunks of  k50, 00 per winner for 80 customers.

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