Gaza forced to use unreliable online payments amid ‘cash famine’
Author: Nour Abo AishaPublished on: August 28, 2026Country: Gaza Strip
PoliticsBusiness & Economy

In Gaza, Firas Zaqloul struggles to make payments due to the destruction of his Palestinian identity card during the war. He cannot open a bank account and relies on worn banknotes that many merchants refuse. This situation has become common in the region, where an acute cash shortage, referred to as a 'cash famine', has been exacerbated by Israeli restrictions on cash entry since October 7, 2023.
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