Tripoli– The Central Bank of Libya announced, Thursday, its intention to issue electronic cards (MasterCard – Visa) at a value of $100,000 annually, to small merchants, as of the first of next March.

In a post on its official Facebook page, the bank said; “ In order to facilitate and encourage small merchants with individual licenses and industrial and service companies”, the Central Bank of Libya decided, during the meeting of the bank’s governor, Al-Siddiq Al-Kabir with the concerned departments, to issue an electronic card (MasterCard and Visa) at the value of $100,000 annually as of 1st of March.

Source: Libyan News Agency