Libya’s electronic payment ecosystem reached unprecedented levels in 2025, surpassing LD 313.6 billion in total transactions. Mobile banking users rose to 4.29 million, while point-of-sale terminals expanded to 165,313 units nationwide. Instant transfer services, electronic wallets and bank card usage also grew significantly. Authorities say the surge reflects a structural shift toward cashless transactions, boosting financial inclusion, transparency and efficiency in Libya’s banking system, even as cash continues to play a role.
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Libya Digital Payments Hit Record High
Business
06/03/2026
Libya’s electronic payment ecosystem reached unprecedented levels in 2025, surpassing LD 313.6 billion in total transactions. Mobile banking users rose to 4.29 million, while point-of-sale terminals expanded to 165,313 units nationwide. Instant transfer services, electronic wallets and bank card usage also grew significantly. Authorities say the surge reflects a structural shift toward cashless transactions, boosting financial inclusion, transparency and efficiency in Libya’s banking system, even as cash continues to play a role.
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