Liberia: Lonestar Cell MTN Suspends Payment of Mobile Money Fees

As a part of its response to the coronavirus/COVID-19 health crisis, Lonestar Cell MTN has announced that effective Friday, March 20, 2020, it is suspending transaction fees on some MTN Mobile Money (MoMo) services for a period of 30 days. Mobile Money services to be impacted include merchant payments, bank withdrawals and deposits, and person-to-person transactions.

Specifically, for the next 30 days, customers will enjoy:Free person-to-personMoMo transfers on transactions;Free transfer of money from bank accounts to MoMo accounts and vice versa

No fees on payments for goods and services at all MTN MoMo partner merchant locations;

Increased account balance and transaction limits

Following the World Health Organization's warning that the virus could be spread through banknotes, Lonestar Cell MTN is encouraging all customers to switch to digital payments to minimize the use of cash. Using the cashless, safe and convenient MoMo platform available on *156# will also help customers practice social distancing and allow them to still get a lot done from home.

UcheOfodile, CEO of Lonestar Cell MTN, said, "With the World Health Organization's warning, we are doing all that we can to ensure that our customers can avoid hand-to-hand cash transfers to curtail the outbreak. We are urging customers to use MoMo to safely pay for goods and services, pay bills, transfer to and from their bank accounts and even send money to loved ones without having to worry about transaction fees or germs. The coronavirus (COVID-19) pandemic is an unknown territory for us all, but together, we will get through this as we take all the necessary actions to prevent infection and compassion and care for those affected directly."

MTN Mobile Money has always been more than just sending and receiving money. The platform was mainly designed to make transactions fast, convenient and most importantly,secure. Signing up for MoMo is free. Just visit any Lonestar Cell MTN service center or registered MoMo agent with a valid identification card and fill out an application form.

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