The Central Bank of Liberia (CBL) launches on December 16, 2025, the Inclusive Instant Payment System (IIPS), which will principally enable mobile money transfers between the two Mobile Network Operators, Lone Star MTN and Orange Liberia.
The launch, which takes place at the Ministerial Complex in Congo Town, represents a transformative step in Liberia’s efforts to modernize its national payments infrastructure and expand access to secure, convenient, and inclusive digital financial services.
The ceremony will convene key actors across Liberia’s financial sector, including mobile money operators, Lonestar Cell MTN and Orange, all commercial banks and financial institutions, government ministries, agencies and commissions, development partners, and international stakeholders.
His Excellency President Joseph Nyuma Boakai, Sr. will deliver the keynote address, reaffirming the Government of Liberia’s commitment to digital transformation under the ARREST Agenda.
The IIPS is a national digital payment platform regulated and supervised by the Central Bank of Liberia. It enables full interoperability between banks, mobile money operators, and other financial service providers, allowing instant and secure transactions across different platforms and institutions.
With the IIPS, individuals and businesses will be able to send and receive money in real time—whether between bank accounts, mobile wallets, or across service providers—enhancing convenience, reducing transaction delays, and limiting reliance on cash.
Why the IIPS Matters for Liberia
As Liberia’s digital economy continues to expand, the need for a unified, efficient, and inclusive payment ecosystem has become increasingly urgent. The IIPS addresses persistent challenges such as fragmented payment channels, slow transaction processing, and limited interoperability among financial service providers. By connecting all major players on one national platform, the system enhances trust, transparency, and efficiency across the digital payments landscape.
Expected Benefits and Impact
- For citizens and small businesses:
The IIPS will make everyday transactions simpler and safer—whether sending money to family, receiving payments directly into a mobile wallet or bank account, or conducting business without carrying cash. Market women, farmers, students, entrepreneurs, and SMEs will benefit from faster and more reliable digital payment options. - For government:
The system will support efficient Government-to-Person (G2P) transactions, including salaries, social benefits, and other public payments. This will improve transparency, reduce leakages, and help ensure funds reach beneficiaries quickly and securely. - For the wider economy:
The IIPS strengthens Liberia’s financial infrastructure, promotes innovation, and expands access to regulated financial services across both urban and rural communities—advancing the country’s broader financial inclusion agenda.
The CBL notes that rollout of IIPS services will continue after the official launch, in close partnership with participating banks and mobile money operators.
The Central Bank of Liberia remains committed to improving the safe, secure and efficient payment system across the country and encourages all media partners to help inform and educate the public about the IIPS and its benefits.