With this innovative solution, clients can now make payments locally in Malawi or internationally, leveraging various foreign currencies.
In the rapidly evolving technology landscape, achieving success often hinges on collaborative efforts and strategic partnerships. A recent video posted on Facebook has brought to light the pivotal role played by Standard Bank Malawi in empowering local solutions.
Daniel Chiwinga, the CEO of Ctech Systems, expressed profound gratitude for the substantial support received from Standard Bank. According to him, the bank provided the essential backbone technology that served as the cornerstone for the development of their payment gateway, named CtechPay.
Ctech Systems embarked on a mission to establish a reliable online payment system. Undeterred by challenges, the team actively sought collaboration with financial institutions, and Standard Bank came through for them. This collaboration proved instrumental in addressing specific challenges faced by Malawi’s ecommerce industry.
Chiwinga underscored the bank’s openness to their vision, emphasizing that Standard Bank not only understood the project but also equipped them with a robust back-end portal. This portal facilitated the monitoring of transactions and established a seamless connection to bank accounts, streamlining the entire payment process.
CtechPay stands as a global payment platform designed to help businesses securely accept payments, providing customers with the best possible checkout experience. With this innovative solution, clients can now use CtechPay to make payments locally in Malawi or internationally, leveraging various foreign currencies. Standard Bank’s support has not only empowered local innovation but has also facilitated international transactions, marking a significant stride forward for both Ctech Systems and the broader technological landscape of Malawi.
More information about CtechPay is available on their website.
