ProBASE Limited Zambia’s leading FINTECH, the providers of integrated payment solutions, aggregation services and Bespoke Software development, has again broken barriers by providing their integrated payment gateway for the Revenue Services in the Kingdom of Lesotho.
Pro BASE has been at the forefront providing game-changing innovations and solutions to sectors including Banking, Public sector, Telecoms, education in the region and will now facilitate online Tax Payment and Collection platforms to Revenue Services Lesotho (RSL).
The launch of the payment gateway will enhance efficiency, transparency and convenience in revenue collection processes in the Kingdom of Lesotho.
Thee-payment and e-taxation platforms which are part of the Lesotho Tax Modernization Project (LTMP) also mark yet another achievement for ProBASE in its quest to ensure that African enterprises and State- Owned Enterprises deliver services in an efficient and effective manner through the use of electronic systems.
Speaking at the launch on Monday, Lesotho Finance Minister Dr Retselisitsoe Matlanyane said the development, which is part of the African Development Bank (AfDB) funded Tax Modernisation Project will go a long way in improving efficiency and service delivery and increase value added tax compliance.
“Post COVID-19 and Lesotho facing economic shocks driven by external and internal challenges, we need to move with technology to enhance tax administration. This development is, therefore, a journey to take Lesotho to a new level in terms of tax administration,” Dr Matlanyane said.
She also noted that domestic resource mobilization requires improvement in tax compliance and is optimistic that the e-payment and e-taxation platforms will help to accelerate domestic resource mobilization.
And Revenue Services Lesotho Acting Commissioner General, Mrs Mathabo Mokoko said the organization in collaboration with stakeholders in the finance and economic industries are striving to improve and provide easy methods of tax payments and e-filling for their clients.
“To effectively use data, we need the right technologies such as the one launched,” Mrs Mokoko said .
ProBase Chief Operations Officer Mr. Chola Bwalya said Probase is confident that the payment platforms will benefit the kingdom of Lesotho in terms of efficient domestic resource mobilization.
“ProBASE is thrilled to be part of the journey of solutioning for Revenue Services Lesotho. As a services provider, we believe that the development will revolutionalise the way revenue collections and settlements are done. They will improve efficiency, accuracy and security and with the self-service features, we will empower tax payers with seamless platforms for payment of tax obligations in the comfort of their homes, offices, anywhere anytime,” Mr. Bwalya said.
And commenting on the development, ProBASE Chief Executive Officer Mr Roy Muyelu said the provision of e-payment and e-taxation platforms to the Revenue Services Lesotho is part of company’s strategic agenda of being the leading fintech in the region by 2026.
Mr Muyelu also said that the development actualizes the vision of the African leaders to accelerate intra- regional and African trade in goods and services.
“The launch of the Revenue Services Lesotho e-payment and e-taxation platforms, powered by a Zambian Company, Probase, therefore, demonstrates that indeed, the continent is more than capable of trading with itself,” he said.
He also called on governments and the private entities to engage African- bred entities in the provision of goods and services to effectively contribute to the economic transformation of the continent, wealth and job creation.
At the launch, RSL launched the first payment channel with Vodacom’s M-Pesa for both the APP and USSD services with Online Banking integrations underway.