El Salvador, a country located in Central America, has adopted Bitcoin as legal tender, leading to a surge in the use of cryptocurrencies and digital payments. The government is promoting Bitcoin as a tool for economic growth and financial inclusion, although concerns remain about its volatility and environmental impact. El Salvador’s unique adoption of Bitcoin as legal tender is a defining feature of its payment system. While cash remains a significant part of daily transactions, Bitcoin coexists with traditional methods like credit and debit cards and mobile money, creating a complex and evolving landscape.
Estimated Population
6.5 million
Currency
Salvadoran colón (SVC)
All supported payment methods for El Salvador:
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.