business

April 5, 2019

2 min read

Lai Lai scores M1 000,000

Lai Lai scores M1 000,000

Lai Lai

Metro Audio Articles

Catch our weekly audio news daily only on Metro Radio Podcast News.

listen now

… as over M1,000,000 worth of transactions made since introduction. First National Bank Lesotho (FNBL), in its constant quest to deliver on the nationally important agenda of Financial Inclusion; has taken some ground-breaking steps to bring banking services closer not only to the clients but to unbanked population at large.

FNB has this week announced the new success of Lai Lai, since it was piloted in August 2018. “Over M1,000,000 worth of transactions have gone through the user friendly mobile banking service. This solution is the first of its kind in Lesotho’s Banking Sector. Bochabela supermarket was the first agent to go live with the offering and the Khubetsoana population is enjoying the service.  Its customers have enclosed the convenience factor of not having the need to travel to town to receive funds even from South Africa.”

Enjoy our daily newsletter from today

Access exclusive newsletters, along with previews of new media releases.

According to FNB, from inception Lai Lai Cash Plus is designed to foster financial inclusion by bringing banking services and solutions to both business and individual customers; create efficiencies for the bank that will add value to existing and prospective FNBL customers. “We are looking forward to the growth of this great banking solution designed for Basotho,” it said in a statetemt.

The commercial bank invites those who want to become agent to Sms ‘lai lai’ to 31014 now to start their free application. It invites those who have not yet tried Lai Lai to visit the following stores: Bochabela super market- Khubetsoana Maseru, Engen Pioneer Road- Maseru, Medicos- Thetsane Office Park, Maseru, Mago Enterprise (PTY) Ltd, Khubetsoana, Ultimate Public Bar, Ha Pita, Multi Distributors, Mafeteng CBD, Khomari Transport, Mafeteng CBD, SMS Supermarket, Hlotse and First Choice Supermarket, Moshoeshoe Road, Maseru.

Share the story

METRO WEATHER FORECAST