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Cash or card? Confusion rages over Lebanon's new payment system

BEIRUT: Supermarket owners in Lebanon have blamed “hard-line measures” from the Banque du Liban for the introduction of a new payment system for their customers. The central bank’s change requires the payment of 50 percent of the value of purchases in cash, and 50 percent through bank cards, on account of “low liquidity” in markets, according to Nabil Fahed, head of the
Nabil Fahed Nawal Nassr Abdo Saade Charles Arbid Jassem Ajaka Public Administration Staff Association

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