{"id":30590,"date":"2023-01-25T17:30:46","date_gmt":"2023-01-25T17:30:46","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system"},"modified":"2023-01-25T17:30:46","modified_gmt":"2023-01-25T17:30:46","slug":"financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","title":{"rendered":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Liberia. <\/strong><\/span>Financial Institutions in Liberia have been urged to strengthen their business models on the National Payment System to enhance the effectiveness of goods and services.<\/p>\n<p>The event on Tuesday in Monrovia was organized by the International Financial Corporation and the Central Bank of Liberia.<\/p>\n<p> Speaking at the event, the Senior Financial Sector Specialist of the International Financial Corporation Charles Niehaus said financial institutions in the country need to come together to succeed.<\/p>\n<p>\u201cSo, financial institutions need to come together to work as an industry cause if they worked independently the sector will not work but if they work together they will succeed,\u201d Niehaus said.<\/p>\n<p>He added: \u201cNational Payment is how different payment participants in the country work together. Be it banks or International financial institutions\u201d<\/p>\n<p>According to the Senior Financial Sector Specialist of the International Financial Corporation, financial institutions need to work together in three ways.<\/p>\n<p>\u201cHow is it going to change Liberia is when we bring efficiency to the system by the business models,\u201d Niehaus asserted.<\/p>\n<p>He stressed that financial institutions need to be moderate in their tariff to enable people to transact freely.<\/p>\n<p>\u201cI am not saying that the financial transaction in Liberia is expensive but if it is expensive people are not going to transact,\u201d Niehaus said.<\/p>\n<p>Also, Gibson Kollie is the Head of Consumer Banking at Ecobank Liberia. He was one of the participants in the workshop.<\/p>\n<p>Kollie said: \u201cThe National Payment System drives the country as a society. It is also going to boost the economy and increase the volume of transactions. Also, it will reduce the cost of transactions and it will help bank customers to transact easily.\u201d<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/liberia\">Liberia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Liberia. Financial Institutions in Liberia have been urged to strengthen their business models on the National Payment System to enhance the effectiveness of goods and services. The event on Tuesday in Monrovia was organized by the International Financial Corporation and the Central Bank of Liberia. Speaking at the event, the Senior Financial Sector [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":30589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,244],"tags":[233,237,234],"class_list":["post-30590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System - Liberia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Liberia. Financial Institutions in Liberia have been urged to strengthen their business models on the National Payment System to enhance the effectiveness of goods and services. The event on Tuesday in Monrovia was organized by the International Financial Corporation and the Central Bank of Liberia. Speaking at the event, the Senior Financial Sector [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-25T17:30:46+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System\",\"datePublished\":\"2023-01-25T17:30:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\",\"name\":\"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System - Liberia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg\",\"datePublished\":\"2023-01-25T17:30:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg\",\"width\":1361,\"height\":552,\"caption\":\"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/liberia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/\",\"name\":\"Liberia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/liberia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System - Liberia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","og_locale":"en_US","og_type":"article","og_title":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System","og_description":"Africa-Press &#8211; Liberia. Financial Institutions in Liberia have been urged to strengthen their business models on the National Payment System to enhance the effectiveness of goods and services. The event on Tuesday in Monrovia was organized by the International Financial Corporation and the Central Bank of Liberia. Speaking at the event, the Senior Financial Sector [&hellip;]","og_url":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","og_site_name":"Liberia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-01-25T17:30:46+00:00","author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System","datePublished":"2023-01-25T17:30:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system"},"wordCount":300,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg","keywords":["Africa Press","Africa Press-Liberia","Liberia"],"articleSection":["all news","economy","head lines","to-homepage"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","url":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system","name":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System - Liberia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/liberia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg","datePublished":"2023-01-25T17:30:46+00:00","author":{"@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"breadcrumb":{"@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#primaryimage","url":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg","contentUrl":"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/01\/postQueueImg_1674655281.22.jpg","width":1361,"height":552,"caption":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/liberia\/all-news\/financial-institutions-in-liberia-strengthed-capacity-to-enhance-business-models-on-national-payment-system#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/liberia\/"},{"@type":"ListItem","position":2,"name":"Financial Institutions in Liberia Strengthed Capacity to Enhance Business Models on National Payment System"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/liberia\/#website","url":"https:\/\/www.africa-press.net\/liberia\/","name":"Liberia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/liberia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts\/30590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/comments?post=30590"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/posts\/30590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/media\/30589"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/media?parent=30590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/categories?post=30590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/liberia\/wp-json\/wp\/v2\/tags?post=30590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}