POS bank card use commissions reduced to less than 1 percent: CBL Governor
The Central Bank of Libya (CBL) reported today that its Governor, Naji Issa, issued instructions to reduce commissions imposed on ...
Tag: debit cards
Libya has around 124,000 Point of Sales machines – needs 200 to 250,000 to solve its liquidity problem: Former senior banker
Despite the ''more than excellent'' numbers achieved by local banks by the end of 2024 regarding electronic services, Libya needs ...
Use of card and e-payments on the increase – helping to resolve Libya’s bank cash liquidity problem
Electronic payments and debit card use have risen considerably in Libya over the last year. This is the considered view ...
Tadawul introduces first fingerprint biometric cards into Libyan market
By Sami Zaptia. Tadawul Financial Group introduces fingerprint cards into the Libyan market (Photo: Tadawul). London, 2 September 2021: Libya’s ...
North Africa Bank announces launch of new improved services
By Sami Zaptia. North Africa Bank is to launch a batch of new improved banking services (Photo: North Africa Bank). ...
Young Libyans launch ”Anetni” app listing stores using POS machines
By Sami Zaptia. The Anetni app was created by three Libyans to identify commercial outlets that take debit cards (Photo: ...
Prepaid fuel card launched for petrol stations to mitigate cash crises
By Sami Zaptia. Prepaid fuel cards are to be rolled out in the country's petrol stations (Photo: Brega). London, 11 ...
Over 230,000 debit cards linked to National ID Number: CBL
By Sami Zaptia. The CBL has revealed that 233,991 Visa debit cards have been linked to the National ID Number ...
Competition, more POS processing centres, cards and machines are key to POS market growth
By Sami Zaptia. (Logo: Tadawul). London, 8 July 2016: Libya’s private sector has reacted to the two recent Libya Herald articles ...
CBL meeting on increased use of debit cards and POS systems
By Sami Zaptia. The Tripoli CBL holds a meeting on debit card and POS use (Photo: Tripoli CBL). London, 13 ...
Top Stories
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NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya
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CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October
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Tripoli Interior Ministry: We thwarted attempted rocket attack on UN Mission’s Tripoli headquarters
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Medsky to launch new direct flights between Libya and Athens soon
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Libyan Railroads to issue consultancy tender for Tripoli rail project
The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.