The Bahamas, an archipelago nation in the Caribbean, has a well-developed financial system with a strong reliance on credit cards and debit cards. The country is also embracing digital payments, with a growing use of mobile wallets and online banking. The Bahamas’ payment landscape showcases a growing use of digital methods alongside a continuing reliance on cash transactions. Credit and debit cards (Visa, Mastercard) are widely accepted, especially in tourist areas and larger establishments. Online banking and electronic transfers are common, reflecting efforts to modernize the financial sector. Mobile payment adoption is expanding, but its penetration remains limited compared to some other countries with comparable levels of development.
Estimated Population
400,000
Currency
Bahamian dollar (BSD)
All supported payment methods for Bahamas:
Google Pay, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, PayPal, MaestroPopular payment methods
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
