Malawi is one of the countries whose adoption of digital financial services is low
* As Reserve Bank of Malawi (RBM) scales up national awareness campaign on benefits of digital financial services * RBM spent over MK23 billion last year to reprint damaged currency notes—Deputy Governor, McDonald Mafuta Mwale * These printers and suppliers are paid in US$ which means the country is losing a lot of forex just to replace damaged notes * If more Malawians adopt digital financial services, this figure will go down as there will be no demand to…









