{"id":255657,"date":"2025-12-05T19:03:18","date_gmt":"2025-12-05T17:03:18","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=255657"},"modified":"2025-12-05T19:03:18","modified_gmt":"2025-12-05T17:03:18","slug":"exclusive-central-bank-addresses-several-oil-companies-the-bakeries-syndicate-and-the-municipal-guard-on-the-use-of-electronic-payment-methods","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-central-bank-addresses-several-oil-companies-the-bakeries-syndicate-and-the-municipal-guard-on-the-use-of-electronic-payment-methods\/","title":{"rendered":"Exclusive: Central Bank Addresses Several Oil Companies, the Bakeries Syndicate, and the Municipal Guard on the Use of Electronic Payment Methods"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Central Bank of Libya has revealed its correspondence sent to general managers of several oil companies \u2014 including Libya Oil Joint Venture, Golden Palm for Oil Services, International Trust for Oil Services, and Alrahila Company \u2014 instructing all stations to use electronic payment methods instead of cash transactions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Bank emphasized the importance of this measure, noting the benefits it brings to the national economy and to citizens through the use of electronic payment systems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Central Bank also issued multiple circulars on developing electronic payment channels, including one to Tadawul Company regarding the launch of instant payment via point-of-sale devices using QR codes; as well as to the General Syndicate of Bakeries and Mills, and the Municipal Guard, requiring bakeries to comply and conducting inspection campaigns to ensure that shops adhere to instant payment methods.In addition, the Bank instructed commercial banks to launch instant payment services using QR technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Central Bank further requested its affiliated departments to submit weekly statistics on lypay and onpay services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Libya has revealed its correspondence sent to general managers of several oil companies \u2014 including Libya Oil Joint Venture, Golden Palm for Oil Services, International Trust for Oil Services, and Alrahila Company \u2014 instructing all stations to use electronic payment methods instead of cash transactions. The Bank emphasized the importance of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":255658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"_asgm_disable_schema":false,"_asgm_disable_faq":false,"_asgm_disable_howto":false,"_asgm_disable_llms":false,"_asgm_llms_description":"","footnotes":""},"categories":[2],"tags":[628,878,613],"class_list":["post-255657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-electronic-payment","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Exclusive: Central Bank Addresses Several Oil Companies, the Bakeries Syndicate, and the Municipal Guard on the Use of Electronic Payment Methods - Sada Newspaper<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sada.ly\/en\/exclusive-central-bank-addresses-several-oil-companies-the-bakeries-syndicate-and-the-municipal-guard-on-the-use-of-electronic-payment-methods\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Central Bank Addresses Several Oil Companies, the Bakeries Syndicate, and the Municipal Guard on the Use of Electronic Payment Methods - Sada Newspaper\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Libya has revealed its correspondence sent to general managers of several oil companies \u2014 including Libya Oil Joint Venture, Golden Palm for Oil Services, International Trust for Oil Services, and Alrahila Company \u2014 instructing all stations to use electronic payment methods instead of cash transactions. 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