Libya’s digital payments exceed 313 billion dinars in record year

Statistics released by the Central Bank of Libya show unprecedented growth in electronic payment activity during 2025, up to 15 February 2026, signalling a decisive shift towards digital financial services across the country.

Data published through the Government of National Unity’s Hakomitna platform indicate that mobile banking applications now serve 4.29 million subscribers. The total number of transactions surpassed 200.7 million operations, with a combined value of 313.6 billion Libyan dinars.

The expansion reflects growing public reliance on digital banking channels for everyday payments, transfers and commercial activity.

Payment infrastructure expands nationwide

The number of point of sale terminals increased to 165,313 units, compared with 150,205 in 2024. This represents an annual rise of 15,108 terminals, highlighting the rapid spread of electronic payment infrastructure across shops, markets and service providers.

Point of sale transactions reached 288.6 million operations, with a total value of 37.8 billion dinars, underscoring the steady integration of cashless tools into retail activity.

Card usage rises as cash remains present

Activated bank cards climbed to 5.5 million, pointing to broader financial inclusion and improved access to formal banking services.

At the same time, ATM withdrawals totalled approximately 23.9 million transactions valued at 12.6 billion dinars. While digital adoption is accelerating, these figures suggest that cash continues to play a role within the broader payment ecosystem.

Electronic wallets also recorded growth, reaching 186,817 accounts with total circulation exceeding 92 million dinars.

Instant transfer services gain momentum

The instant transfer platform LYPAY ONEPAY registered 18.3 million transactions with a combined value of 108.7 billion dinars. The strong performance reflects increasing public confidence in rapid payment solutions and digital settlement systems.

Towards a more transparent financial system

Taken together, the indicators point to a structural transformation in Libyan consumer behaviour, driven by expanding digital infrastructure and supportive monetary policies promoting electronic payments.

Economists say the continued rise in digital transactions is expected to contribute to reducing the size of the parallel economy, strengthening financial transparency and improving the efficiency of the national banking system in the coming years.