Palau

PW · PLW · 585Asia-PacificUSD $12 methods

Revised · 0 sources

Palau uses the US Dollar, eliminating foreign exchange complexity but also precluding a domestic central bank or monetary policy.

~0.016M
online population
~60%
banked adults
~30%
credit card population

Payment mix

share of e-commerce spend
  • Cash50%
  • Card45%
  • Bank Transfer4%
  • Other1%
  • Mobile Money0%

Methods in use

top 8 of 12 · by spend

Checkout behaviour

The banking sector is small, comprising Bank of Guam, Pacific Savings Bank, and a few other institutions with limited branch networks.

Credit and debit cards (Visa, Mastercard) are accepted in hotels, dive operators, restaurants, and tourist businesses in Koror.

Facts
ISO 3166
PW · PLW · 585
Region
Asia-Pacific
Population
~0.018M
Currency
USD $
Banked adults
~60%
Methods live
12
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