Cuba, a country located in the Caribbean Sea, is still developing its financial system. The country relies heavily on cash transactions due to limited access to banking services and US sanctions. The government is working to modernize the financial system and encourage the adoption of digital financial services, but challenges remain due to the ongoing political and economic restrictions. Cuba’s payment system is significantly constrained by long-standing economic sanctions and limited access to international financial systems, leading to a heavy reliance on cash. Credit and debit card use is severely limited, and online banking and mobile payment solutions are in their early stages of development.
Estimated Population
11.4 million
Currency
Cuban peso (CUP)
All supported payment methods for Cuba:
Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, Google Pay, PayPal, Visa, MaestroPopular payment methods
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.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
