Malawi Reserve Bank

National Payments System Vision and Strategy Framework 2026-2030

The Reserve Bank of Malawi has published the National Payments System Vision and Strategy Framework for 2026 to 2030, establishing five strategic objectives: strengthening regulatory oversight, modernising payment infrastructure, mitigating cyber and fraud risks, fostering digital adoption, and embracing emerging financial technologies including central bank digital currency and virtual assets. The Framework addresses ongoing challenges including high transaction costs, cybersecurity threats, infrastructure gaps, and cash dominance while seeking to align Malawi's payments ecosystem with regional integration in SADC and COMESA.