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Vanuatu, an archipelago nation in the South Pacific Ocean, is experiencing a gradual adoption of digital payments and mobile banking. The country has witnessed a growing use of mobile wallets and online transactions, driven by the increasing use of smartphones and internet access. The government is promoting financial inclusion and encouraging the adoption of digital financial services. Vanuatu’s payment system is transitioning, with cash remaining dominant, particularly in smaller businesses and rural areas. Credit and debit cards are gaining acceptance, mainly in urban centers and businesses catering to tourists. Online banking and electronic transfers are gradually expanding, and mobile money services are emerging, although challenges in terms of infrastructure and digital literacy levels hinder wider adoption. Government initiatives to promote financial inclusion are likely to influence the pace of digital transformation.

Population

Estimated Population

300,000

Currency

Currency

Vanuatu vatu (VUV)



Popular payment methods