US EditionLiberia: Cbl, Mobile Money Operators Launch Liberia's Instant Payment System
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Liberia: Cbl, Mobile Money Operators Launch Liberia's Instant Payment System
Liberia on Tuesday took a major step toward a cash-lite economy with the launch of its Inclusive Instant Payment System (IIPS), a national digital platform that for the first time allows real-time transfers across mobile money networks.
The Central Bank of Liberia (CBL) announced on Tuesday 16 December a new real-time digital payments system, aimed at modernizing the country's financial sector and reducing reliance on cash. Named "Inclusive Instant Payments System" (IIPS), the platform connects for the first time the two main players in the...
BOAKAI LAUNCHES INSTANT INCLUSIVE PAYMENT SYSTEM, SIGNALS NEW ERA OF DIGITAL FINANCE IN LIBERIA
MONROVIA – President Joseph Nyuma Boakai on Tuesday, December 16, 2025, officially launched the Instant Inclusive Payment System (IIPS), describing it as a transformative milestone that places Liberia firmly on the path toward a modern, inclusive, and transparent digital economy. Speaking at the EJS Ministerial Complex in Oldest Congo Town under the auspices of the Central Bank of Liberia (CBL), the President said the system represents not only …
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