{"id":214633,"date":"2026-01-03T09:55:08","date_gmt":"2026-01-03T09:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/214633\/"},"modified":"2026-01-03T09:55:08","modified_gmt":"2026-01-03T09:55:08","slug":"liberia-cbl-announces-fee-structure-for-inclusive-instant-payments-system","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/214633\/","title":{"rendered":"Liberia: CBL Announces Fee Structure for Inclusive Instant Payments System"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" width=\"949\" height=\"636\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/01\/WhatsApp-Image-2026-01-02-at-2.32.34-PM.jpeg\" alt=\"\" class=\"wp-image-130563\"  \/><\/p>\n<p>Monrovia \u2013 The Central Bank of Liberia (CBL) has announced the approved fee structure for the Inclusive Instant Payments System (IIPS), popularly known as \u201cPay Na-Na,\u201d which takes effect on January 5, 2026.<\/p>\n<p>The fee structure applies to interoperable Person-to-Person (P2P) mobile money transfers between Lonestar Cell MTN Mobile Money Inc. and Orange Money Liberia.<\/p>\n<p>According to the CBL, the approved fees follow the official launch of the IIPS on December 16, 2025, in Monrovia. The interoperable charges represent a single, unified fee per transaction, in line with the Bank\u2019s mandate to promote affordability, transparency, interoperability, and financial inclusion, while ensuring the platform\u2019s 24-hour availability.<\/p>\n<p>The fee structure is divided into two tiers, representing the maximum allowable charges for interoperable P2P transactions processed through the IIPS.<\/p>\n<p>For transactions ranging from USD 1.00 to USD 2,000.00, or the Liberian Dollar (LRD) equivalent, a fee of not more than one percent (1.0%) shall apply.<\/p>\n<p>For transactions exceeding USD 2,000.00, or the LRD equivalent, a flat fee of not more than USD 25.00, or its Liberian Dollar equivalent, shall apply per transaction.<\/p>\n<p>The Central Bank of Liberia said it will continue to monitor the implementation of the fee structure to ensure compliance, protect consumers, and support the orderly development of Liberia\u2019s digital payments ecosystem.<\/p>\n<p>The Inclusive Instant Payments System (IIPS), branded as \u201cPay Na-Na,\u201d is a Central Bank of Liberia\u2013led digital payments platform designed to enable real-time, interoperable electronic transactions across different payment service providers in Liberia. The system allows customers of participating mobile money operators to transfer funds seamlessly, regardless of the network they use.<\/p>\n<p>Launched on December 16, 2025, the IIPS represents a major step in the CBL\u2019s efforts to modernize Liberia\u2019s payment infrastructure and reduce reliance on cash-based transactions. By enabling interoperability between Lonestar Cell MTN Mobile Money Inc. and Orange Money Liberia, the platform aims to lower transaction costs, improve convenience, and expand access to formal financial services, particularly for underserved and unbanked populations.<\/p>\n<p>The initiative aligns with the CBL\u2019s broader mandate to promote financial inclusion, transparency, efficiency, and stability within Liberia\u2019s financial system, while supporting the growth of the country\u2019s digital economy.<\/p>\n","protected":false},"excerpt":{"rendered":"Monrovia \u2013 The Central Bank of Liberia (CBL) has announced the approved fee structure for the Inclusive Instant&hellip;\n","protected":false},"author":2,"featured_media":214634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[342,111,139,69,145],"class_list":{"0":"post-214633","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-mobile","9":"tag-new-zealand","10":"tag-newzealand","11":"tag-nz","12":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/214633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=214633"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/214633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/214634"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=214633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=214633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=214633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}