Surprised and impressed by the quality of this bag. Yes, it is probably really made of a type of leather (though heavily coated). It has two inside pockets -- one that divides the space into two compartments -- and one smaller pocket built into the back for discrete lady necessities. It comes with a detachable wristlet and a detachable gold chain that allows you to wear it over your shoulder or cross-body if you are small. I plan on carrying it without either of those attachments.
This bag is heavy for its size, due to the leather material. One you add your phone, make-up, fat wallet (if you're me....)...it becomes a heavy little chunk. However, everything DOES fit. It has two magnetized snaps on either end of the envelope flap closure, PLUS the whole top can zip shut, which is pretty impressive. I ordered the gold, which I find very classy. I despise the super-metallic or sparkly gold colors, but this is a very restrained almost cool gold, muted and not sparkly or very shiny. I think it will still be stylish once the gold craze goes out of style.
For the money, this is a fabulous buy!