COVID-19 appears to have changed how Zambian professionals handle their personal finances. According to a poll conducted by this website, 81% of professionals from various professional sectors who follow the website responded in the affirmative to using mobile money and e-wallet offerings following the advent of COVID-19.
With mobile telecommunication penetration far north of 50% of Zambia’s population, mobile money offerings have become a saving grace of sorts in a period where a contagious virus has threatened the day to day activities of many people.
With most of the banks now seeking out integration with the two leading providers of mobile money (Airtel and MTN), professionals feel safer transacting using their phones or through digital wallets.
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