{"id":2438,"date":"2023-01-20T17:37:20","date_gmt":"2023-01-20T17:37:20","guid":{"rendered":"https:\/\/businessjurnalmedia.com\/?p=2438"},"modified":"2023-01-20T17:37:20","modified_gmt":"2023-01-20T17:37:20","slug":"credit-libanais-launches-solutions-that-facilitate-trading-in-fresh-lebanese-pounds-via-electronic-instruments","status":"publish","type":"post","link":"https:\/\/businessjurnalmedia.com\/?p=2438","title":{"rendered":"Credit Libanais launches solutions that facilitate trading in Fresh\u00a0 Lebanese Pounds via electronic instruments."},"content":{"rendered":"\n

Mrs. Bdeir concluded that: \u201cThe issuance of the Visa Red Spark card in Fresh Lebanese\u00a0 pounds will encourage merchants to accept this card as a payment method, and thus encourage citizens to seek this method and get the card that will solve their\u00a0 banknotes spending challenges.\u201d\u00a0<\/p>\n\n\n\n

<\/p>\n\n\n\n

In line with the bank’s digitization acceleration strategy, and its policy to keep its positioning taking into consideration the market developments, Credit Libanais has launched a series of electronic solutions for the first time in Lebanon that facilitates consumers\u2019 spending by issuing the <\/strong>\u201cVISA RED SPARK\u201d card and ensuring its acceptance <\/strong>on POS machines and through the internet payment gateway, by implementing a new software “PAY XPRESS”. This new card will enhance our clients’ and merchants reduce their reliance on Cash banknotes, providing the merchants with the ability to withdraw their funds from the bank in cash.\u00a0<\/strong><\/p>\n\n\n\n

\u201cVISA RED SPARK\u201d is a debit card in Fresh Lebanese Pounds; the first of its kind in\u00a0 Lebanon<\/strong>, linked to a fresh money account in LBP and entitles its holder to use it on ATMs for cash withdrawals without ceilings. <\/strong>It can be additionally utilized upon purchasing on POS\u00a0 devices or through the websites of the merchants enrolled in the \u201cPAY XPRESS\u201d service. This payment solution will allow the merchants to withdraw the proceeds of the transactions processed via the Visa Red Spark card in LBP banknotes and without withdrawal limits.\u00a0<\/strong><\/p>\n\n\n\n

For this occasion, Mrs. Randa Bdeir, Deputy General Manager and Head of Electronic\u00a0 Payment Solutions and Card Technology at Credit Libanais, declared: <\/strong>“We have set a strategy to initiate several electronic payment solutions towards the digital economy by encouraging merchants to adopt electronic payment methods (POS, Online payment gateway<\/em>) and clients to resume their reliance on effective card payments. These electronic\u00a0 solutions will help to stimulate the merchants to work and exchange by electronic means\u00a0 instead of limiting the payment methods to cash only, which will reflect positively on the\u00a0 digitization journey of the Lebanese economy.\u201d<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n
\"\"\/<\/figure>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Mrs. Bdeir concluded that: \u201cThe issuance of the Visa Red Spark card in Fresh Lebanese\u00a0 pounds will encourage merchants to accept this card as a payment method, and thus encourage citizens to seek this method and get the card that will solve their\u00a0 banknotes spending challenges.\u201d\u00a0 In line with the bank’s digitization acceleration strategy, and its policy to keep its positioning taking into consideration the market developments, Credit Libanais has launched a series of electronic solutions for the first time […]<\/p>\n","protected":false},"author":8,"featured_media":2440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-2438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-and-finance"],"_links":{"self":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2438"}],"version-history":[{"count":1,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2438\/revisions"}],"predecessor-version":[{"id":2441,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/posts\/2438\/revisions\/2441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=\/wp\/v2\/media\/2440"}],"wp:attachment":[{"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessjurnalmedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}