The Central Bank of Liberia (CBL) has announced the approved fee structure for the Inclusive Instant Payments System (IIPS), popularly known as “Pay Na-Na,” which will take effect on January 5, 2026.
In a press release issued on December 30, 2025, the Bank said the fee structure applies to interoperable Person-to-Person (P2P) mobile money transfers between Lonestar Cell MTN Mobile Money Inc. and Orange Money Liberia.
The announcement follows the official launch of the IIPS on December 16, 2025, in Monrovia, a move that enabled real-time, cross-platform mobile money transfers for users across the two major mobile money providers in Liberia.
According to the CBL, the approved fees represent a single, unified charge per transaction, in line with its mandate to promote affordability, transparency, interoperability, and financial inclusion, while also ensuring the 24-hour availability of the digital payments platform.
The fee structure is divided into two tiers, representing the maximum allowable charges for interoperable P2P transactions processed through the IIPS:
For transactions ranging from USD 1.00 up to USD 2,000.00, or the Liberian Dollar (LRD) equivalent, a fee of not more than one percent (1.0%) will apply.
For transactions exceeding USD 2,000.00, or the LRD equivalent, a flat fee of not more than USD 25.00 will apply per transaction.
The Central Bank emphasized that it will continue to monitor the implementation of the fee structure to ensure full compliance, consumer protection, and the orderly development of Liberia’s digital payments ecosystem.
The introduction of a standardized fee system is expected to further strengthen public confidence in the IIPS, as Liberia continues its transition toward faster, more inclusive, and more efficient digital financial services.
