The Dominican Republic, located on the island of Hispaniola, has a developing financial system, with a growing adoption of digital payments and mobile banking. The government is encouraging the use of digital financial services to promote economic growth and financial inclusion. The Dominican Republic’s payment landscape shows a significant reliance on cash, although credit and debit card usage (Visa, Mastercard) is growing, especially in urban areas and tourist centers. Online banking and electronic transfers are becoming increasingly common, particularly for business-related transactions. Mobile money adoption is expanding, reflecting efforts to boost financial inclusion, but it still faces obstacles related to infrastructure and digital literacy in some areas.
Estimated Population
11.1 million
Currency
Dominican peso (DOP)
All supported payment methods for Dominican Republic:
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.
