Template name: white header page.php

Panama, a country located in Central America, has a well-developed financial system, with a strong emphasis on digital payments and mobile banking. The country has a high adoption rate of credit cards and debit cards, with a growing use of mobile wallets and online payment gateways. The government is actively promoting digital financial services to enhance financial inclusion and encourage economic growth. Panama boasts a relatively sophisticated and modern payment system. Credit and debit cards are widely accepted, along with online banking and electronic transfers. Mobile payments are gaining traction, indicating a move toward a more digitalized and efficient financial system.

Population

Estimated Population

4.3 million

Currency

Currency

Panamanian balboa (PAB)



Popular payment methods