Skip to content
pay.wiki home

Micronesia (Federated States of)

FM · FSM · 583Asia-PacificUSD $12 methods

4 sources

FSM uses the US dollar, providing stable currency but without domestic monetary tools.

~0.05M
online population
~20%
banked adults
<5%
credit card population
MixMethodsBehaviourSourcesFacts

Payment mix

share of e-commerce spend
  • Cash (USD)88%
  • Card8%
  • Bank Transfer3%
  • Digital/Mobile1%

Methods in use

top 8 of 12
All 12 methods in Micronesia (Federated States of) →

Checkout behaviour

UNDP has developed specific digital financial service inclusion strategies for FSM given its geographic isolation.

Banking infrastructure is severely limited across the outer islands of Chuuk, Yap, and Kosrae.

Facts
ISO 3166
FM · FSM · 583
Region
Asia-Pacific
Population
0.115M
Currency
USD $
Banked adults
~20%
Methods live
12
Compare with
KiribatiTongaSamoaMarshall Islands
Sources
Something out of date?

Every figure on this page carries a source. Corrections are reviewed within a week.

Edit this country →

Figures are compiled from public sources, may be estimates and are not advice. Report an error · How we source data

Logos are trademarks of their owners. Trademarks and takedown →