Malawi banks and mobile money firms reward customers in cashless promotions

FDH Bank concluded its "Swipe to Mauritius" promotion, awarding two grand prize winners a fully‑sponsored trip to Mauritius and US$1,000 each, plus 25 other customers K100,000 each. Launched in February, the campaign encouraged shoppers to use FDH Bank point‑of‑sale terminals, part of the bank’s drive to expand financial inclusion and promote cashless transactions across Malawi.

Airtel Money’s "Tola" promotion has disbursed K330 million through 11 draws, with recent winners including a fish seller who received K5 million, a vehicle mechanic and a businesswoman, all of whom plan to use the funds for business growth and school fees. The promotion, aimed at encouraging daily use of Airtel Money, will hold its grand finale draw on 5 August 2026. Both initiatives reflect a broader push by Malawian financial institutions to boost digital payment adoption and provide incentives for consumers to move away from cash.