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Yemen, located on the southern tip of the Arabian Peninsula, has a complex economic landscape. The country has been heavily impacted by conflict and economic challenges, leading to a reliance on cash transactions due to limited access to banking services. While digital payments are emerging, they remain underdeveloped, and cash is king in Yemen. Yemen’s payment system is heavily affected by ongoing conflict and political instability. Cash is overwhelmingly the dominant method of transaction, with limited access to reliable banking infrastructure and restricted use of digital payment systems. Credit and debit card usage is limited, and mobile money solutions, while potentially present, face challenges in reaching widespread adoption due to security and infrastructure constraints.

Population

Estimated Population

30.5 million

Currency

Currency

Yemeni rial (YER)



Popular payment methods