SLB launches data-free internet banking


. . . seeks to minimize human contact in COVID-19 era


MASERU – Standard Lesotho Bank (SLB) has launched data free access to its Standard Bank App and internet banking to enable its clients to transact with ease.

As the entire world battles the unprecedented COVID-19 where social distancing is encouraged to reduce the spread of the virus, online transactions which ensure transactions without human contact are one way of ensuring safety.

The World Health Organization (WHO) and the Ministry of Health encourage measures meant to avoid transmission of coronavirus. SLB’s Head of Personal and Business Banking Selloane Tsike said in a media release dated March 24 the World Health Organisation (WHO) and the Ministry of Health encourage measures meant to curb transmission of coronavirus. She said the new online facility allows SLB clients who are Vodacom subscribers to access both the Standard Bank App and internet banking for free.

Tsike noted that the concept is referred to as reversed data billing and Standard Lesotho Bank will bear the cost of data on behalf of its clients. Tsike underlined this also serves as a response to the call by the WHO and the Ministry of Health to adopt social distancing as a means to combat and flatten the curve in the spread of COVD-19.

“Clients who are already registered on the Standard Bank App and Internet Banking can now enjoy this data-free benefit. Clients are encouraged to visit the nearest branch or contact their banker for registration on Internet Banking. Thereafter they can download the Standard Bank/Stanbic App on Playstore or Appstore to join over 70 percent of our clients who enjoy data-free online banking. Once registered, clients will then have access to the banks’ services at their convenience.

“We are extremely delighted to introduce this development during such a critical time when we are facing the COVID-19 global outbreak. “This new offering comes at a time when we, as Standard Lesotho Bank, are encouraging clients to reduce instances of going into branches and ATMs, in order to encourage social distancing, to help reduce the potential threat of coronavirus spread, which has now been declared a global pandemic by World Health Organisation,” Tsike said.

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