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Nauru, an island nation in the central Pacific Ocean, has a very underdeveloped financial system. The country has limited access to banking services and relies heavily on cash transactions. The government is working to improve financial infrastructure and encourage the adoption of digital financial services. Nauru’s payment system is heavily reliant on cash transactions due to limited banking infrastructure, lower levels of digital literacy, and the relatively small size of its economy. Credit and debit card usage is minimal. Online banking and mobile money solutions are underdeveloped.

Population

Estimated Population

11,000

Currency

Currency

Nauruan dollar (AUD)



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