Mobile Money Eases School Fees Payment
Standing in long lines has always proven difficult, time-consuming and rather expensive for many parents and guardians wishing to pay their children’s school fees. Some stand in long lines for hours, losing time away from their jobs and homes, while others would opt to send the child instead, losing time away from the classroom.
Thinking in the interest of parents and guardians, Ecobank and Lonestar Cell MTN have introduced Mobile Money School Fees Payment Service as a way of bringing relief to parents and guardians. Mobile Money is a cash management service available on the mobile phone or internet. Mobile Money gives you, the customer, the ability to withdraw and deposit cash, send money to any person who meets the qualifying criteria, buy products and services like gasoline, pre-paid airtime, pay for goods and services at selected businesses, receive money by way of electronic funds transfer among others.
Many schools, including the Maretha School in Monrovia, St. Peter’s Lutheran School in Gbarnga, and Ranneh Christian School in Tappita havealready started using the Mobile Money School Fees Payment Service. Parents whose children are in these schoolswill no longer stand in long lines to pay their children’s school fees. They are now paying their children’s school fees right from the tip of their fingers, using their mobile phones.
Lonestar Cell MTN Mobile Money Manager, Mrs. Samelia Tweh, commenting on the introduction of the Mobile Money School Fees Payment Service said, “Lonestar Cell MTN is currently offering 10 computers and 10 generators to the first 10 schools to sign up for the Mobile Money Service.” She added, “We are encouraging more schools to subscribe to this value added service. All funds received through Mobile Money will be credited directly to the school’s bank account.”
Liberians, particularly in the rural areas using Mobile Money will have access to cash through money transfer, pay bills, do business and improve their lives economically.
Currently, Lonestar Cell MTN is the only GSM Company in Liberia partnering with Ecobank that has launched this product with approval from the Central Bank of Liberia.
Many Liberians have expressed great appreciation to Lonestar Cell MTN and continue to remark that Lonestar Cell MTN remains the leader in converged telecommunications in Liberia.