IPS MapTransaction ExplorerIPS Profiles
  • EN
  • FR
  • AR
  • EN
  • FR
  • AR
  • Quik links
  • Who we are
  • What we do
  • Who we work with
  • Contact Us
© 2025 - All Rights Reserved - AfricaNenda Foundation

malawi

    All Natswitch

Report Year

2025

    Natswitch

  • Geographic Reach

    Malawi

  • Gender

    No

  • Geographic Region

    Southern Africa

  • Coverage

    Domestic

  • Year Of Establishment

    2018

  • Ips Type

    Cross-domain

  • Interoperability Arrangement

    Multilateral

  • Governance Typology

    Industry led

  • Ownership Model

    Participant-owned

  • System Owner

    All participants have equal shareholding

  • Overseer

    Reserve Bank of Malawi (central bank)

  • System Governance

    National Switch Limited (Natswitch)

  • Operator

    National Switch Limited (Natswitch)

  • Settlement Agent

    Reserve Bank of Malawi (central bank)

  • Number Of Unique Ips End Users

    -

  • Total Number Of Participants2025

    14

  • Number Of Direct Participants Commercial Banks

    8

  • Number Of Direct Participants EMoney Issuers

    -

  • Number Of Direct Participants MFIs

    -

  • Number Of Direct Participants Other

    -

  • Number Of Direct Participants Post Office

    -

  • Indirect Participants Type

    Microfinance Institutions (2), Mobile money operators (2), Fintechs (1) and Aggregator for Microfinance Institutions and Saccos (1)

  • Number Of Indirect Participants

    6

  • Supported Use Cases

    P2P

  • Supported Instruments

    Credit EFT, E-money, Card

  • Primary Local Channel

    USSD

  • Supported Channels

    USSD, Agent (e-money), App, NFC, POS, ATM

  • Qr Code Enabled Type

    -

  • Messaging Standard

    ISO 8583

  • Proxy Id

    Bank account number , Mobile phone number

  • Other Proxy Id Type

    -

  • Business Model

    Not-for-loss

  • Pricing Structure

    Fixed and tiered

  • Scheme Rules Public

    Yes

  • Additional Recourse Requirements

    Yes

  • Dispute Resolution Mechanism

    Yes

  • Api Use Function

    Yes

  • Startup Funding Source

    Malawi Government through a loan from the World Bank Group - $2.4M

  • Participation In Decision Making

    No

  • Mechanism For Decision Making

    -

  • Ability To Become Direct Participants

    No

  • Entities That Cannot Participate

    -

  • Min Value For Transactions

    No min. value

  • Corporate Structure

    Private limited company

  • Other Corporate Structure

    -

  • Pull Request To Pay Enabled

    No

  • Third Party Connections Enabled

    No

  • Real Time Payment Confirmation

    No

  • Transaction Validation Enabled

    No

  • Inclusivity Ranking

    Not ranked