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Grenada

GD · GRD · 308Latin AmericaXCD EC$13 methods

Revised · 4 sources

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Grenada was the location of the world's first successful DCash CBDC consumer-to-merchant transaction (February 2021).

~0.08M
online population
MixMethodsBehaviourSourcesFacts

Payment mix

share of e-commerce spend
  • Cash55%
  • Card35%
  • Bank Transfer7%
  • CBDC (DCash)2%
  • E-Wallet1%

Methods in use

top 8 of 13 · by spend
All 13 methods in Grenada →

Checkout behaviour

Payment System and Services Act, 2025 passed into law, modernising the regulatory framework.

XCD pegged to USD at 2.7:1 since 1976, providing currency stability.

Facts
ISO 3166
GD · GRD · 308
Region
Latin America
Population
0.113M
Currency
XCD EC$
Methods live
13
Compare with
MexicoChinaUnited StatesUnited Kingdom
Sources
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