Lonestar Cell MTN and WorldRemit have partnered to make it possible for customers to receive international remittances straight to their Mobile Money accounts, free of charge.
With over 7,000 Lonestar Cell MTN agent cashpoint locations across Liberia, the service is expected to eliminate the stress, risks and long queues in banking halls associated with receiving remittances sent by loved ones.
“Liberians can now receive international financial remittances from family and friends in Europe, Canada and the USA more easily and safely,” says Christopher Ssali, Acting GM of Lonestar Cell MTN Mobile Money.
“Our MoMo ecosystem has grown so customers can use the money they receive to pay bills, buy goods and pay for the services they need with Mobile Money. We are excited about this because it makes our customers lives easier and we are supporting the government’s aim for a cashless digital economy and financial inclusion.”
Awa Gueye Ba, Head of Francophone West & Central Africa at WorldRemit, remarked that this partnership with Lonestar Cell MTN provides increased opportunities for customers to connect with their loved ones and receive convenient money transfers.
“The MoMo service is one of the most demanded services in Liberia and we are excited about this collaboration with MTN Liberia, as it will allow users to send remittances 24/7 from the WorldRemit website or mobile app and receive directly to their MTN Mobile Money accounts. The partnership will further strengthen the efforts of the Central Bank of Liberia (CBL) in focusing on diverse means of delivering financial services to the rural community sector of the population and integrating them into the formal economy.”
Customers who receive money can conveniently cash-out, pay for goods and services, or transfer the money to their friends and family at the prevailing standard Mobile Money fees using *156#.