LIBERIA: Mobile Money partners with Sendwave for international remittances from the USA
Lonestar Cell MTN, one of Liberia’s leading GSM and Mobile Financial Services companies, has partnered with Sendwave to make it possible for Mobile Money customers to now receive international remittances from the USA straight to their Lonestar Cell MTN Mobile Money accounts.
This service presents an exclusive prospect for Liberians to receive seamless international remittances from their family and friends.
This service eliminates the stress, risks and long queues in banking halls associated with receiving remittances sent by loved ones. Using MoMo for international remittances and daily financial transactions makes life easier, safer and more convenient.
Christopher Ssali, Acting General Manager of Lonestar Cell MTN Mobile Money, said, “We are excited and very proud to be at the forefront of innovative financial technologies and partnerships which can help Liberians live convenient and safer lives. Our international remittances partnership with Sendwave does just that.
What is even better is that with our rapidly expanding MoMo ecosystem, MoMo customers can use the money they receive to pay bills, buy goods and pay for services they need by dialing *156#. If customers need to access cash, we have over 8,000 Lonestar Cell MTN cashpoints locations across Liberia to make this as easy as possible for them.
We are truly excited about this because it makes our customers lives easier and better and we are supporting the government’s aim for a cashless digital economy and financial inclusion.”
Alex Banks, Director of Growth for Sendwave, remarked “We are thrilled to partner with Lonestar Cell MTN to launch instant, low-cost money transfers from the USA to Liberian MoMo wallets. This service will empower people in the USA to send instant, low-cost transfers to their family and friends in Liberia right from the Sendwave app on their mobile phones. Recipients will also be able to quickly access these funds from the MoMo wallet on their phones. This partnership is both a huge step forward in supporting the government’s financial inclusion initiatives and in reducing the time and fees required to send remittances into Liberia, as well as a timely alternative to going in-person to send and receive funds. Join us in celebrating by entering the promo code “Liberia” in the Sendwave app for $10 free on your first transfer!”
For people outside of Liberia, using the service is easy. Download the Sendwave app from the App Store or Google Play Store, select Liberia as the destination and follow the in-app process (completing sender and recipient details along with payment information) to send money to loved ones in Liberia instantly.
MoMo customers in Liberia can receive money into their wallets, cash-out at the over 8,000 Lonestar Cell MTN cashpoints locations across Liberia, pay for goods and services at various merchant locations, or transfer the money to their friends and family at the prevailing standard Mobile Money fees.