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Greenland’s payment landscape is relatively underdeveloped compared to many other countries, with cash transactions remaining highly prevalent, especially in smaller businesses and across rural areas. Credit and debit card usage is increasing, but acceptance varies significantly depending on location and type of business. Online banking and electronic transfers are gradually becoming more common, particularly in urban centers, reflecting improved infrastructure and growing digital literacy levels. Mobile payment solutions are beginning to emerge, but their widespread adoption faces challenges related to infrastructure limitations, particularly in more remote regions, and uneven levels of digital literacy across the population. The unique geographic features of Greenland influence the development and reach of modern payment systems.

Population

Estimated Population

56,000

payments

Currency

Greenland krone (DKK)



Popular payment methods