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Payments/LR

Liberia

ISO LR · 3 schemes

Summary

  • Orange Money QR payments active
  • 4.3+ million mobile money users (2024)
  • Lonestar MTN major competitor
  • Dual currency LRD and USD
  • AccessBank biometric ATM integration

Banking landscape

Central Bank

  • Name: Central Bank of Liberia (CBL)
  • Website: https://www.cbl.org.lr/
  • Role: Monetary policy, financial oversight

Major Banks (2024)

Rank Bank Name Type Digital Platform
1 Ecobank Liberia Pan-African Ecobank Mobile
2 United Bank for Africa Pan-African UBA App
3 AccessBank Liberia Regional Mobile Banking
4 Guaranty Trust Bank Pan-African GTBank App
5 LBDI State LBDI Mobile

Market Structure

  • Orange Money: Leading mobile money
  • Lonestar Cell MTN: Major competitor
  • 4.3M+: Active mobile money users
  • Dual currency: USD widely used

Payment infrastructure

National Payment Systems

System Operator Type Status
Orange Money Orange Liberia Mobile money Leading
MTN MoMo Lonestar Cell Mobile money Active
AccessBank ATM AccessBank Biometric Active

Mobile Money Statistics (2024)

  • 4.3+ million active users
  • Orange Money leading provider
  • Lonestar Cell MTN competitor
  • No bank account required

AccessBank Integration

  • Biometric ATM technology
  • MTN and Orange compatibility
  • Enhanced security
  • Digital banking growth

QR code standards

Orange Money QR

Attribute Value
Provider Orange Liberia
USSD *144#
App Orange Max it
QR Merchant payments

Orange Money QR Features

  • Free merchant payments
  • QR code or merchant number
  • Instant transactions
  • No cash required
  • Bill payments

Orange Max it App

  • E-wallet management
  • Secret code updates
  • Fingerprint login
  • QR code reader
  • Quick service access

Orange Money Africa App

  • Multi-country support
  • Liberia included
  • Merchant QR payments
  • Android 6.0+
  • Bill payments

Mobile payment apps

App Provider QR Features
Orange Max it Orange Yes QR reader
Orange Money Africa Orange Yes Multi-country
MTN MoMo Lonestar Limited Mobile money

Orange Money Features

  • Send/receive money
  • Buy airtime
  • Pay bills
  • Merchant payments
  • Free deposits
  • QR code payments

Orange Max it Liberia

  • All-in-one app
  • E-wallet management
  • QR code scanning
  • Service access
  • Security options

Lonestar MTN Services

  • Mobile money transfers
  • Airtime purchase
  • Bill payments
  • Agent network
  • P2P transfers

Schemes

Scheme Type Symbology Adoption Technical standard
Orange Money QR Mobile QR App Active orange-money-qr
MTN MoMo Mobile money USSD Active mtn-momo
AccessBank Biometric ATM Active

Sources

Full country report

LR-liberia.md

Schemes

Standards

source · docs/payments/LR/index.md