EconomyGaza forced to use unreliable online payments amid ‘cash famine’

Israeli restrictions and war damage have triggered a liquidity crisis in Gaza, crippling banks and everyday commerce. A shortage of usable cash, destroyed banking infrastructure and problems with replacement identity documents have left many residents unable to access accounts or make merchants accept their banknotes, forcing them toward difficult electronic transfers for routine purchases.

Gazacash shortagedigital paymentsbanking system

AAl Jazeera★★★☆☆2026-08-28 16:44Original