Maseru, March 27 -- "best new commemorative bank note"
By: Kamohelo Ntsebeng
Maseru
On March 20th 2024, the Central Bank of Lesotho (CBL) along with licensed mobile money providers, hosts the launch of the National Payment Switch. Know LeSwitch, it is a payment system that allows users to transact funds between different mobile money providers' wallets at another provider's agent.
In 2006 CBL invested and launched Lesotho wire, a real time operational finance system that connect Lesotho to other international systems. In 2011, an additional automated clearing house was launched, further enabling reliable remote transfers for interbank payments.
LeSwitch symbolizes a beacon of innovation and progress in Lesotho's quest to achieve united...