LeSwitch
- Geographic Reach
Lesotho
- Gender disaggregated data
No
- Geographic Region
Southern Africa
- Coverage
Domestic
- Year Of Establishment
2024
- IPS
Mobile-money
- Interoperability Arrangement
Multilateral
- Governance Typology
Public Private Partnership (PPP)
- Ownership Model
Regulator-owned
- System Owner
Central Bank of Lesotho
- Overseer
Central Bank of Lesotho
- System Governance
Central Bank of Lesotho
- Operator
Central Bank of Lesotho
- Settlement Agent
Central Bank of Lesotho
- Number of Unique IPS End Users
-
- Total Number Of Participants
2
- Number Of Direct Participants: Commercial Banks
2
- Number Of Direct Participants: E-money Issuers
-
- Number of Direct Participants: MFIs
-
- Number of Direct Participants: Other
-
- Number of Direct Participants: Post Office
-
- Indirect Participants Type
-
- Number Of Indirect Participants
-
- Supported Use Cases
P2P
- Supported Instruments
E-money
- Primary Local Channel
USSD
- Supported Channels
USSD, Agent (e-money), App
- QR Code Enabled Type
-
- Messaging Standard
-
- Proxy ID
Mobile phone number
- Other Proxy ID Type
-
- Business Model
Not-for-loss
- Pricing Structure
-
- Scheme Rules Public
No
- Additional Recourse Requirements
Yes
- Dispute Resolution Mechanism
Yes
- API Functionality
Yes
- Startup Funding Source
Central Bank of Lesotho
- Participation in Decision Making
Yes
- Mechanism for Decision Making
Working groups and participant forums
- Ability to become Direct Participants
No
- Entities that cannot Participate
Only banks can clear
- Min Value for Transactions
M5
- Corporate Structure
Other
- Other Corporate Structure
Central Bank of Lesotho
- Pull Request to Pay Enabled
No
- Third Party Connections Enabled
No
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
No
- Inclusivity Ranking
Not ranked
