Wednesday, October 7, 2026
8 C
Lesotho

Smartel Money gains traction

Smartel Money LTD held a public awareness initiative last Friday, aimed at aiding businesses and the general public towards a cashless society.

Smartel Money LTD is an e-commerce business allowing payments and money transfers to be made through the modern ICT platforms as well as using the mobile and non-mobile platforms as well as using the freely downloaded applications.

It is an internet based e-commerce payment system, which intends to be a payment processor for online vendors as well as click and brick businesses, auction sites, grocers and other commercial users, for which it charges a fee.

The government of Lesotho has announced plans to reduce the handling of cash and replacing it with a digital payment system, in a bid to reduce the spread of Covid-19. Smartel Money is one of five mobile money issuers in the country. Their aim is to help businesses and individuals. They provide full business systems platforms, full personal systems of the use of mobile money.

According to Smartel Money managing director Nchai Nchai, “the aim is to maximize financial inclusion; we cater for everyone who wishes to utilize our services, young and old alike, tech savvy or not.”  

Hot this week

M-Pesa renews partnership with Maletsunyane Braai Festival 

VCL Financial Services, the operator of M-Pesa in Lesotho, has...

Senqu Basin survey begins

A survey on Senqu River and its major tributaries commenced yesterday and will...

Drones tackle medicine shortage

Government is partnering with United States-based drone delivery company...

20-year marriage ends in bitter court battle

A 20-year marriage has descended into a bitter legal...

LEWA clears way for seven rural mini-grid projects

The Lesotho Electricity and Water Authority (LEWA) has granted...

Topics

M-Pesa renews partnership with Maletsunyane Braai Festival 

VCL Financial Services, the operator of M-Pesa in Lesotho, has...

Senqu Basin survey begins

A survey on Senqu River and its major tributaries commenced yesterday and will...

Drones tackle medicine shortage

Government is partnering with United States-based drone delivery company...

20-year marriage ends in bitter court battle

A 20-year marriage has descended into a bitter legal...

LEWA clears way for seven rural mini-grid projects

The Lesotho Electricity and Water Authority (LEWA) has granted...

‘If democracy can’t put bread on the table, let it go’

Speaker of the National Assembly, Tlohang Sekhamane, has warned...

M400 loan facility struggles for uptake

. . .  only M19m disbursed from IGF so...

RSL trains journalists on tax reporting

Revenue Services Lesotho (RSL) has held a two-day media training workshop under the theme, “Strengthening Tax...
spot_imgspot_imgspot_imgspot_img

Related Articles

Popular Categories

spot_imgspot_imgspot_imgspot_img
0
Would love your thoughts, please comment.x
()
x