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Dominica, an island nation in the Caribbean, is experiencing a growing adoption of digital payments and mobile banking, although cash remains prevalent. The government is promoting the use of digital financial services to improve financial inclusion and enhance efficiency. Dominica’s payment system is primarily cash-based, with limited adoption of digital payment methods. Credit and debit cards (Visa, Mastercard) are gradually gaining acceptance, primarily in larger businesses and tourist-oriented establishments. Online banking and electronic transfers are developing but face challenges in expanding their reach due to infrastructure limitations and relatively low levels of digital literacy. Mobile money solutions are still emerging.

Population

Estimated Population

72,000

Currency

Currency

Eastern Caribbean dollar (XCD)



Popular payment methods