Liberia: Lone Star Cell MTN, Ecobank Launch Mobile Money
The Star Cell MTN Communication Company in collaboration with Ecobank- Liberia Friday, September 9, 2011 formally launched the Mobile Money Product in the country.
The Mobile Money Product is the newest service the two entities have introduced on the Liberian market. The usage of this service will afford users of mobile phones in the country to access money sent to them by friends, family members among others via their personal phones.
Speaking at the launch of the Mobile Money Product, the Chief Executive Officer (CEO) of Lone Star Cell MTN, Mazen Marou, said the Lone Star Cell MTN is always committed to providing exciting and innovative products to the Liberian people.
He said mobile money product is a new service being provided in the country by the two entities, saying the product is being operated in all places the MTN brand is in existence. "Statistics shows that mobile money product creates more jobs, stimulates investment and increases revenue for government," the Lone Star Cell MTN boss pointed out.
He indicated that the mobile money will afford Liberian in the rural parts to have access to cash money, transfer and receive money, cash checks, paid bills among others.