National Bank of Malawi

NBM Online Payment Gateway

Product Description
NBM Online Payment Gateway is an e-commerce product that allows merchants/ businesses
to accept card-not-present payments over the internet.
Business entities (Merchants) set up interactive websites (portals) or mobile phone
applications through which they advertise their goods and services. The website or the
mobile application is integrated with NBM Online Payment Gateway. When a customer visits
the websites or accesses the mobile application and clicks ‘pay by card’, the NBM Online
Payment Gateway is invoked. Once invoked, NBM Online Payment Gateway prompts the
user to enter card details(Card number, expiry date and security code). When the card details
are entered by the customer, NBM Online Payment Gateway processes the transaction and
displays the results(success/failure).

Target Market
NBM Online targets all potential and existing merchants who wish to accept e-commerce
transactions through the internet.
Subscription
Merchants that wish to subscribe to NBM Online Payment Gateway should visit the nearest
service centre or contact our call centre on 626 toll free.
Pricing
The merchant discount rate will vary from merchant to merchant depending on various
factors. Other than the merchant discount rate, merchants will pay a fixed monthly
subscription of $ 50 per month per merchant.
Security

NBM Online Payment Gateway is compliant with EMV standards and employs the latest
e-commerce security measures and protocols including 3D secure.

Regulatory Issues
NBM Online Payment Gateway conforms to the governing laws and regulations.

NBM Online Payment Gateway