libya

Report Year

2025

LYPay

Geographic Reach
Libya
Gender disaggregated data
No
Geographic Region
Northern Africa
Coverage
Domestic
Year Of Establishment
2024
IPS
Bank
Interoperability Arrangement
Multilateral
Governance Typology
Central bank led
Ownership Model
Regulator-owned
System Owner
Central Bank of Libya
Overseer
Central Bank of Libya
System Governance
Central Bank of Libya
Operator
-
Settlement Agent
Central Bank of Libya
Number of Unique IPS End Users
-
Total Number Of Participants
-
Number Of Direct Participants: Commercial Banks
-
Number Of Direct Participants: E-money Issuers
-
Number of Direct Participants: MFIs
-
Number of Direct Participants: Other
-
Number of Direct Participants: Post Office
-
Indirect Participants Type
-
Number Of Indirect Participants
-
Supported Use Cases
P2P, P2B , B2B
Supported Instruments
-
Primary Local Channel
App
Supported Channels
QR Code, Browser, App
QR Code Enabled Type
Both
Messaging Standard
-
Proxy ID
-
Other Proxy ID Type
-
Business Model
-
Pricing Structure
-
Scheme Rules Public
-
Additional Recourse Requirements
-
Dispute Resolution Mechanism
-
API Functionality
Yes
Startup Funding Source
-
Participation in Decision Making
-
Mechanism for Decision Making
-
Ability to become Direct Participants
-
Entities that cannot Participate
-
Min Value for Transactions
-
Corporate Structure
-
Other Corporate Structure
-
Pull Request to Pay Enabled
-
Third Party Connections Enabled
-
Real Time Payment Confirmation
-
Transaction Validation Enabled
-
Inclusivity Ranking
Basic