Sunday, April 14, 2024
HomeBusinessTNM brings innovation to curb mobile money fraud

TNM brings innovation to curb mobile money fraud

.…..Introduces Sim Swap Exemption Feature on Mpamba

BLANTYRE-(MaraviPost)-TNM Plc, Malawi’s pioneering mobile network and ICT services provider has unveiled a Sim swap security initiative which is designed to protect customers from mobile money fraud.

The new measure gives TNM customers the ability to permanently opt their numbers from being swapped at agent points.

Head of Brand and Marketing Madalitso Jonazi said that the initiative is significant as it enhances customer security in the drive for financial inclusion and growth of the digital money economy.

“At TNM we are glad to see a remarkable increase in the usage of our Mpamba mobile money platform. Millions of customers are using Mpamba, therefore, we have enhanced features to ensure that customers are well secured on the platform. This is a positive development in the drive for financial inclusion in the country,” he said.

Jonazi said digital money fraudsters have been a stumbling block in the growth of mobile money usage.

He further said that fraudsters tactically swap numbers and get access to people’s digital money platforms and steal funds.

“Despite our investment in various digital finance technologies, we are still facing a digital money fraud challenge. Therefore, we believe the new feature will alleviate the challenge that our customers face,” said Jonazi.

TNM customer can access the transformative feature through USSD code and TNM Smart App.

“To access the feature, our customers need to dial *7777# and follow the instructions to exempt their sim cards from being swapped and safeguard their numbers permanently from any exploitation. The innovative service is also available on the TNM Smart App,” said Jonazi.

TNM has made an assurance of more innovations around Mpamba platform to maximize security of customers and motivate the usage of digital transactions.

Ufulu means 'Freedom' or unschackled - Ufulu is a reporter at the Maravi Post since Inception. He has a Degree in Computer Science and has reported on Technical and development issues.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

James Hastings Chidule on Malawi’ fistula recovery at 86%
WELLINGTON WITMAN MOSELIJAH LUNDUKA on The history of Ngoni Maseko in Malawi
Lisa Frank on Home
azw3 on Home
Define Regtech on Home
Tobias Kunkumbira on Malawi to roll out Typhoid vaccine
arena plus nba standings 2022 to 2023 ph on Home
David on Home
마산출장 on Home
Cristina Thomas on Home
Alicia Alvarado on Home
The History of online Casinos – Agora Poker – hao029 on The History of online Casinos
Five factors that will determine #NigeriaDecides2023 - NEWSCABAL on Leadership Is Difficult Because Governance Is Very Stubborn, By Owei Lakemfa
Asal Usul Texas Holdem Poker – Agora Poker – hao029 on The Origins of Texas Holdem Poker
Malawi has asked Mike Tyson to be its cannabis ambassador - Techio on Malawi lawmaker Chomanika against Mike Tyson’s appointment as Cannabis Brand Ambassador over sex offence
Finley Mbella on Brand Chakwera leaks Part 1
Maria Eduarda Bernardo on The 2021 Guide to Trading Forex Online
Atsogo Kemso, Political Foot Soldier on Why MCP and UTM Alliance Will Fail
Em. Prof. Willem Van Cotthem - Ghent University, Belgium on Malawi army, National bank cover Chilumba barrack with trees
Christopher Murdock on Why dating older woman is dangerous?
Samantha The Hammer on Why dating older woman is dangerous?
Muhindo Isevahani on The Cold War Against TB Joshua
JCON/SCOAN/BKN(888/8885/8808) on The Cold War Against TB Joshua
Keen Observer on Jesse Kabwila, Then and Now
Francesco Sinibaldi on Advertising in 2020 and beyond
VICTORIA NAMENE FILLIPUS on Is TB Joshua not another religious fraudster?
Andrew Jisaba on TB Joshua Finally Exposed?
Roseline Ariaga on TB Joshua Finally Exposed?
Edmore Tembo on TB Joshua Finally Exposed?
Arvind Mohan Dass. T on TB Joshua Finally Exposed?
Francis zvomuya on TB Joshua Finally Exposed?
Julius Bolokwe on TB Joshua Finally Exposed?