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Local and Alternative Payment Methods in Lebanon
Population
5,490,000
Currency
Lebanese Pound
Lebanon, with over 6 million people, is a growing e-commerce market. The currency is the Lebanese Pound (LBP), although the US Dollar (USD) is also widely used, and the main language is Arabic, with French and English also commonly spoken.
The e-commerce and online payment sectors are expanding, though they face challenges due to economic instability. For online merchants, using local payment methods is key to boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales
- Reduce cart abandonment
- Enhance customer satisfaction
- Build customer loyalty
- Gain trust and stand out in the market
Offering local payment options connects you with millions of potential customers in Lebanon and drives growth.
Lebanon
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