Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Libya.
No, PayPal is unfortunately not accepted in Libya.
Wondering what the most popular ways to pay are in Libya? Explore the top payment options and choose wisely.
Libya, with a population of around 6.98 million people, has a GDP of approximately 47.48 billion making it the 97th largest economy in the world. The official currency of Libya is the Libyan Dinar (LYD)
The economy is overwhelmingly dependent on oil and gas exports, but its stability is severely hampered by political conflict. Its main trading partners are European countries, particularly Italy, which are the primary buyers of its hydrocarbons.
The primary payment method in Libya is physical cash, the Libyan Dinar, a situation exacerbated by a long-running liquidity crisis that makes obtaining cash difficult. Due to these shortages, certified cheques are often used for large purchases like cars. For those with bank access, local bank-specific apps like Moamalat are used for transfers and some merchant payments.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.