My Wallet Lesotho

MyWallet is a financial technology (fintech) product that allows for payments and money transfers to be made through modern information technology platforms such as mobile phones.

Mobile money or electronic money is defined by the Mobile Money Guidelines issued by the CBL as payment instruments that contain monetary value that is paid in advance by the user to the money issuer.

The user of the mobile money can make payments for goods and services to agents who accept the mobile money as payment.