In Libya, a shortage of cash in the banking system has pushed many to turn to cards for payments after more than a decade of war and instability has hammered the country's financial system.Across most Libyan cities, withdrawing money is akin to an obstacle course in which hundreds wait, often for hours, outside heavily guarded banks for a turn to take out cash. But the money all too often runs out early due to short supply.Mistrust in that system means money is rarely reinjected back into banks, with Libyans preferring instead to keep cash on hand.
Source: Al Monitor
Full Article: Cash crunch pushes Libyans to bank cards despite hurdles
