Libya’s electronic payment transactions reach 764.9 billion dinars through August

Electronic payment transactions processed in Libya reached approximately 764.9 billion Libyan dinars in the first eight months of 2026, according to the Central Bank of Libya.

The figures emerged during an expanded meeting in Tripoli led by CBL Governor Naji Issa. Representatives of several commercial banks and the state-owned Moamalat company attended, along with directors from relevant central bank departments.

Moamalat operates Libya’s National Payment Switch, the centralized digital infrastructure linking state and private banks, mobile wallets, card networks and financial technology services. The system enables interoperable electronic transactions.

The meeting also focused on cash liquidity at commercial banks and the distribution of foreign currency. Participants discussed steps to ensure banks can meet citizens’ cash needs and help them access foreign currency under approved rules and procedures.

Officials reviewed the operation and expansion of electronic payment systems, as well as bank readiness and related infrastructure. Issa called on banks to follow central bank instructions, improve service quality and coordinate continuously with the CBL to resolve bottlenecks. He also urged regular monitoring of bank performance to provide faster and more efficient services.