Lesotho: FNB-Lesotho Launches Card Localization Scheme

FIRST National Bank (FNB)-Lesotho has officially launched its card localisation scheme aimed at enhancing financial inclusion and facilitating payments.

The FNB-Lesotho card localisation process is being done as a requirement in line with the Central Bank of Lesotho (CBL)’s recent introduction of the LeSwitch system.

Card localization is created to link with different systems such as Point of Sales (POS), Automated Teller Machines (ATMs), mobile payment systems, and online commerce platforms, to…