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The Central Bank of Libya announces statistics for the LYPay instant payment service during the first week of the service’s launching

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Implementing the Central Bank of Libya’s strategy to enhance financial inclusion and in accordance with its plan to develop electronic payment services, the Central Bank of Libya announces the statistics for the LYPay instant payment service during the first week of its launching:

Participating Banks:

Jumhouria Bank
National Commercial Bank
Wahda Bank
Sahara Bank
North Africa Bank
Number of individual subscribers: 16,317
Number of merchant subscribers: 2,200
Total number of peer-to-peer transactions: 3,428
Total value of peer-to-peer transactions: 820,952 LYD
Total number of purchases (individual to merchant): 128
Total value of purchases (individual to merchant): 28,456 LYD


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