e-payment use rises sharply to October 2025 – part of CBL effort to lure Libyans away from cash use
According to the latest CBL monthly statistical bulleting covering 1 January to 31 October 2025, the number of Point of ...
Tag: POS Point of Sale
Benghazi based National Union Bank offering bank accounts for expat workers in Libya
Benghazi based National Union Bank (NUB) announced yesterday that it is opening bank accounts specifically for expat workers in Libya, ...
Forcing e-payment service providers to provide services at low commissions can have many intended or unintended consequences: leading Fintech and Bank chairman
Forcing e-payment service providers to provide services at low fees can have many consequences, whether intentional or unintentional, the Chairman ...
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 ...
CBL reduces POS e-payment charges to 1 and 1.5 percent from 3.75 percent
The Central Bank of Libya (CBL) announced today that its state National Switch operator, Moamalat Financial Services Company, will be ...
Tadawul and Moamalat card payment switch networks linked for interchangeable use by customers
Tadawul Tech, one of Libya's largest electronic payment providers, has today successfully interfaced its acceptance network to the state National ...
Shopping malls closed in Benghazi for refusing to use e-payments and POS machines
By Sami Zaptia. Shopping malls in Benghazi have been closed by the Interior Ministry for refusing to take e-payments from ...
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: ...
e-payment workshop held in Tripoli in effort to reduce Libya’s need for cash
By Sami Zaptia. Tadawul Tech held a workshop in Tripoli on its e-payments services and developing the e-payment service sector ...
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 ...
Top Stories
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‘‘Serious interest from American companies in returning to the Libyan market confirms their confidence in the path of reform and stability’’
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A high-level Libyan delegation and U.S. officials from Congress, the administration, and think tanks hold roundtable discussion in DC
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Tripoli Libyan government delegation holds extensive meeting in DC with several major American companies ‘‘reflecting renewed American interest in Libyan market’’
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Tripoli government delegation meets Eric Meyer, Assistant Secretary of the Treasury for the Middle East and Africa, to discuss economic and financial cooperation
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Sirte Free Zone offers 70% reduction in duties for all goods through its port for two years
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.