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LYPay Instant Payment Service

Frequently Asked Questions

This page contains a collection of frequently asked questions and their answers. It aims to clarify important aspects related to the service. We provide information to help users better understand how to use the service and resolve any inquiries they may have.

The transfer failed, and the amount did not arrive or get refunded… What should I do?
  • The name of the bank sending the transfer and the bank receiving  the transfer.
  • The type of both accounts (individual or business).
  • The amount, date, and time of the transfer.
  • The nature of the issue (Was the amount deducted but not received? Or was it not deducted at all?)

Then, contact your commercial bank branch directly. Their specialized team will contact the Central Bank of Libya through the reporting system. You may also attach a screenshot or image related to the issue.

How do I activate the LYPay service?

To activate the service, you need to register in the Alias Names System (NAD) by:

  • Updating your personal information (national ID number, phone number, passport if required) at your bank branch.

Then, register through:

  • The commercial bank’s mobile app, or

  • The foreign exchange system website for individuals.

After registration, you will receive a confirmation message on your phone.

Where should I go to resolve a failed transfer issue?

Go to your commercial bank branch. They will follow up on the report through official channels with the Central Bank of Libya.

When adding a beneficiary in the X app, I get an error saying “This operation cannot be completed”… What’s the reason?

This usually means that the other party is not registered in the Alias Names System (NAD) or has not updated their information with the bank.

What is the transfer fee through the LYPay service?

The service is currently completely free, and there are no fees on transfers or payments.

Is it required for both parties to be registered in the system to complete a transfer?

Yes, both the sender and the receiver must be registered in the NAD system to ensure the transfer is successfully executed.

What does the message “You have been registered in the National Alias Directory System” mean?

It means your information has been successfully verified, and you can now use the LYPay service easily and securely.

Can I make payments to merchants using LYPay?

Yes, you can pay any merchant using your bank’s app by scanning the merchant’s QR code.