Payments and e-commerce in Malawi

Discover how Malawians like to shop and pay online

Malawi

General Information

Population 19.6 m
Population 15 + 11.2 m
Online Population 3.8 m
Area 118,484 km²
Currency MZN
GDP 12.2 bn $US
GDP per Capita 618 $US

Banked population

Malawi 36%
Middle East & Africa 46%
World 67%

Credit card penetration

Malawi 1%
Middle East & Africa 8%
World 19%

Internet penetration

Malawi 19%
Middle East & Africa 47%
World 62%

Smartphone penetration

Malawi 30%
Middle East & Africa 43%
World 70%

_{The information on our Insights pages has been compiled by us in cooperation with Datamatics and Wright & Brown. The data shown is partially owned by us and partially owned by GlobalData. © 2021 by PPRO Financial Ltd. No data and information can be used for any further publication without the explicit approval of PPRO.}

Malawi

Local Payment Methods

BitPay

Type Cryptocurrency Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Hyperwallet

Type Bank transfer, Gift card, Prepaid voucher Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High PayPal

Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Paysera

Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Skrill

Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Airtel Money

Type Wallet Regions Asia Pacific, Middle East & Africa Market relevance High Allied Wallet

Type Wallet Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High UnionPay SecurePay

Type Local payment card Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Mobiamo

Type Carrier billing Regions Asia Pacific, Eastern Europe & the CIS, Middle East & Africa + 3 Market relevance High Razer Gold