The Covid-19 pandemic in Africa has increased digital payments as financial institutions scramble to offer businesses and consumers contactless ways of transacting.

TransUnion Malawi chief executive officer, Rodgers Lungu is quoted in the statement as having said that Covid-19 is bound to create permanent changes in the way people use cards and cash, creating both opportunities and challenges for financial institutions.

For more information, please see https://www.mwnation.com/african-banks-accelerate-digital-transformation/