Libya launches first electronic payment forum to boost financial modernization

Libya’s Central Bank has inaugurated on Sunday, June 15, the nation’s first Electronic Payment Forum and Exhibition at the Tripoli International Fairgrounds, marking a significant step towards digitalizing its financial landscape.

The two-day event, held under the patronage of the Central Bank Governor, has convened commercial banks, local firms, and international e-payment providers to explore innovative digital payment technologies. It also seeks to address disparities in banking access by promoting financial inclusion in a country still rebuilding its economic institutions.

The forum featured panel discussions and workshops led by experts to tackle the challenges and prospects of Libya’s digital payment infrastructure. By aligning with global security and efficiency standards, the Central Bank aims to foster a more resilient, inclusive, and tech-driven financial system. Officials view the initiative as a catalyst for collaboration between the banking and tech sectors—laying the groundwork for fintech innovation and long-term economic transformation.