[Malawi] TNM partners with Mukuru to allow redeeming of vouchers from international remittances
Malawian operator TNM has signed an agreement with Mukuru to enable beneficiaries of international remittances to redeem their vouchers at any TNM Mpamba agent.
Head of TNM Mpamba Chikhulupiliro Mphatso said the expanded service underscores Mpamba's ability to break cash transfer barriers and limits while increasing customer access to liquidity in a flexible and convenient manner.
Mphatso said the new service represents a broadening and deepening of the partnership between TNM and Mukuru, dating back to 2016 when the two providers enabled international remittances direct to all Mpamba wallet holders.
To redeem funds sent from Mukuru, recipients of Mukuru vouchers can visit any TNM Mpamba agent with their valid voucher and ID, regardless of their own network provider.
The deepening of the scope in the partnership with Mukuru is in line with Mpamba’s strategic direction in the provision of real financial inclusion.
Mukuru enables people in Malawi to receive money sent from Botswana, South Africa, Zambia, Zimbabwe, the UK, Canada and the EU.