The National Switch Limited (Nat-Switch) has bemoaned failure by some member banks in adhering to rules and standards set by the switch which connects bank systems to offer domestic interoperability of digital payment systems in Malawi.
The National Switch, commissioned in 2015, allows customers of various banks to make transactions on Auto teller Machines (ATMs) and Point-Of-Sale (PoS) devices regardless of which bank they belong to.
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