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Tuvalu, a small island nation in the South Pacific Ocean, has a very underdeveloped financial system. Cash is the primary mode of payment, with limited access to banking services and restricted use of digital payments. The government is working to improve financial infrastructure and encourage the adoption of digital financial services. Tuvalu’s payment system is overwhelmingly cash-based, due to underdeveloped banking infrastructure, limited access to technology, and lower levels of digital literacy among the population. Credit and debit card usage is very limited, and digital payment solutions, such as online banking and mobile money, are in the early stages of development. Efforts to modernize the financial sector are underway, but significant progress requires substantial investment in infrastructure and broader initiatives to improve digital literacy.

Population

Estimated Population

11,000

Currency

Currency

Tuvaluan dollar (TVD)



Popular payment methods