Liberia: Mercy Corps, MTN Launch Mobile Payment for Paygo Solar Systems

9 August 2019

Money Transfer

To enable customers meet their payment obligations for solar home systems, Mercy Corps, a global humanitarian organization and MTN Liberia have launched mobile money payment mechanism for such customers.

The Pay as you go (PayGo) solar Mobile Money Payment, launched on Thursday, July 25, will give customers, particularly those in rural Liberia, the chance to pay for their solar energy systems (ranging from US$60 to $125) using a dedicated mobile money platform.

PayGo enables households to buy quality solar systems and pay in installments instead of outright upfront payment. So far, partner private sector distributors have installed over 1,100 pay as you go systems, improving the lives of rural dwellers, particularly those with children of school-going age. The pay-as-you-go service will allow customers to easily and conveniently make monthly repayment amounts on a 30-day cycle. This initiative was made possible under the EU funded Light Up Liberia program.

Source: The Observer