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Israel’s national payment system resumed normal operations on Thursday after a widespread malfunction temporarily disrupted credit card transactions across the country, according to Shva (Automated Banking Services), the company responsible for Israel’s automated banking and payment infrastructure.
The outage forced many businesses to accept cash-only payments while technical teams worked to identify the cause. Shva assured consumers and retailers that all transactions could now be processed as usual.
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This is not the first disruption to affect Israel’s payment processing networks. In November, a malfunction at Credit Guard, a clearing service provider for major retail chains, caused widespread payment issues. A month earlier, a Shva system failure impacted businesses relying on servers abroad.
Cybersecurity concerns have also played a role in past disruptions. Over the past year, several payment system failures have been linked to cyberattacks, raising questions about the resilience of Israel’s financial infrastructure. Authorities have yet to determine whether the current outage is related to a cyber threat.