Libya’s banks expand mobile payments as Tripoli and Benghazi merchants adopt QR checkout

Commercial banks rolled out interoperable QR payment pilots in Tripoli and Benghazi retail corridors, allowing customers to settle bills without cash after years of card-network fragmentation. Regulators said instant transfer tests between western and eastern clearing systems succeeded at limited volume, raising hopes for nationwide retail adoption.

Fintech founders showcased invoice and payroll tools aimed at construction SMEs that still rely on manual ledgers. Cybersecurity advisers urged mandatory multi-factor authentication after phishing campaigns targeted small business accounts.

Telecom operators reported 4G upgrades along the coastal highway, though interior towns continue to face outages. WOP360 technology desk will follow licensing decisions on cloud data residency expected later this year.