Lesotho PostBank (LPB) has launched its new VISA debit cards, promising greater convenience and flexibility for its clients.
The move will enhance access to banking and payment services, both locally and internationally, making it easier for customers to manage their finances.
The cards will allow customers to make purchases at any store that accepts VISA and to withdraw cash from Automated Teller Machines (ATMs) both locally and globally.
Speaking about the introduction of the new product, LPB’s VISA Card Product Manager, Paballo Makhatle, shared that the idea had been in development for approximately four years. This period included testing the product internally to ensure its reliability before making it available to the public.
“It took us about four years to develop this innovative product. We tested it with our employees to ensure its reliability, and now we are confident that all our customers can use it with ease,” Makhatle said.
“We’ve also launched a campaign to encourage our clients to migrate their accounts to the LPB VISA debit cards, and we are excited about the new convenience we’re offering.”
Makhatle emphasised the bank’s commitment to keeping the new cards affordable. He explained that affordability remains a core value for the bank, with the goal of making banking accessible to all Basotho.
“As always, affordability remains a priority for our customers. We are excited to introduce this development and will continue spreading the news across the country. We, therefore, appeal to every Mosotho to return home and join LPB, a bank that belongs to Basotho,” he added.
LPB’s Acting Managing Director, Mahase Mahooana, also weighed in on the new offering during the announcement ceremony. Mahooana assured existing clients using older cards that they would have six months to upgrade to the new VISA debit cards.
He highlighted the global accessibility that the new cards would provide, underscoring the bank’s desire to keep up with modern banking trends while remaining affordable for their customers.
“After a successful development phase and internal trials, the VISA debit card is now available for all LPB clients,” Mahooana said.
“The bank has been serving the country for 22 years, and soon there will be new branches opening in Mokhotlong and Mohale’s Hoek. This expansion and the introduction of the new cards will further enhance our ability to serve Basotho, both locally and abroad.”
Mahaoana also urged former LPB customers to return to the bank, as LPB had addressed previous challenges through innovative solutions, ensuring a more seamless banking experience for all.
Customers looking to obtain the new VISA debit cards are encouraged to visit any LPB branch. To register, clients will need a valid identification card as the only requirement.
Seabata Mahao is a general news reporter with special focus on Business and Sports.
Started working at Newsday in 2021.
has an Associate Degree in Journalism and Media.
