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Uruguay, a country located in the southeastern part of South America, has a modern financial system with a strong emphasis on digital payments and online 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. Uruguay shows a relatively advanced payment system with growing digitalization. Credit and debit cards are widely accepted, along with online banking and electronic transfers. Mobile payments are gaining traction, though cash still plays a significant role. Suriname’s payment system relies heavily on cash transactions, particularly outside of urban areas. Credit and debit card use is growing, and online banking is expanding but faces limitations in wider adoption. Mobile money is emerging as a means of financial inclusion.

Population

Estimated Population

3.5 million

Currency

Currency

Uruguayan peso (UYU)



Popular payment methods