Liberia's Instant Payment Switch Passed 5.3 Million Transactions Since Its December 2025 Launch

Liberia's two-currency mobile money switch has cleared L$4.1 billion and US$22.2 million in its first eight months, according to figures the central bank presented to central bank governors, regulators, development partners and financial institutions in Ghana. The central bank named the PAPSS launch in Liberia and the switch's deployment as the two achievements of its modernisation agenda.

Central Bank of Liberia Executive Governor Henry F. Saamoi disclosed the total, which stood at more than 5.3 million transactions as of 31 August 2026, at the MojaCom 32 conference in Accra, Ghana, in remarks reported on 1 October 2026.

About 4.2 million of the transactions were conducted in Liberian dollars, valued at more than L$4.1 billion. The other 1.1 million were US dollar transactions, valued at US$22.2 million.

Saamoi set out the launch of the Pan-African Payment and Settlement System in Liberia and the deployment of the Inclusive Instant Payment System as the two achievements of the central bank's payment modernisation agenda. The switch provides real-time interoperability between the country's two largest mobile money providers, Lonestar Cell MTN Mobile Money and Orange Money Liberia.

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PAPSSFPS · Afreximbank · Africa (Pan-continental)

Summary names “PAPSS” · External source · FrontPage Africa

NowHours: 24/7/365 · published scheduleService condition: not monitored

No supported upcoming items in ClearingPost's records for PAPSS (as of 5 Oct 2026).

Liberia's Instant Payment Switch Passed 5.3 Million Transactions Since Its December 2025 Launch

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