Syria’s Idlib witnesses “historic” first electronic payment transaction
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Safwat Raslan, Governor of the Central Bank of Syria, conducted the first bank card purchase using an electronic payment terminal in a local store in the governorate of Idlib.
Raslan, appointed in May 2026 after heading the Syrian Development Fund, completed the transaction in a ceremonial event aimed at promoting electronic payments.
The move highlights ongoing efforts to modernize Syria's financial system following years of conflict and cash-dominated transactions.
حاكم مصرف سورية المركزي صفوت رسلان يجري أول عملية دفع إلكتروني في إدلب#قناة_السورية pic.twitter.com/4wuWFcBbGc
— السورية (@Alsouriyatv) July 1, 2026
This development builds on recent initiatives, including partnerships with global networks, and the licensing of electronic payment services.
Earlier trials occurred in Damascus, but the Idlib event marks a visible rollout in northern markets.
The step is seen as part of broader economic recovery under President Ahmed al-Sharaa, seeking to restore banking confidence, reduce cash reliance, and facilitate trade and tourism. Wider adoption will depend on expanding infrastructure across stores and regions.
