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Lebanon’s Card Revolution | Lebanon News
Lebanon’s economy is undergoing a digital payment revolution, with card transactions soaring 130% year-over-year and transaction values up 50%—a bold move to ditch cash amid financial instability since 2019. Central bank efforts to slash merchant fees and boost transparency are driving adoption across gas stations, pharmacies, and online debit payments. While progress is strong, some merchants still sneak extra fees—officials urge reporting via a government app for tracking. Mastercard and Visa are stepping in with $100K and $400K respectively to empower small businesses and women…
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