Vanuatu

VU · VUT · 548Asia-PacificVUV VT14 methods

Revised · 4 sources

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Mobile financial services operate in silos: M-Vatu and MyCash/M-Pei cannot send money to each other or to bank accounts, a critical limitation.

~0.15M

online population

~25%

banked adults

<5%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Cash—78%
Mobile MoneyGoogle Pay15%
CardVisa5%
Bank Transfer—2%

Methods in use

top 8 of 14 · by spend

MethodTypeShare

All 14 methods in Vanuatu →

Checkout behaviour

Vanuatu launched its national digital payments system in 2023.

Cross-border M-PAiSA transfers were enabled between Fiji and Vanuatu in 2023.

Facts

ISO 3166: VU · VUT · 548
Region: Asia-Pacific
Population: 0.33M
Currency: VUV VT
Banked adults: ~25%
Methods live: 14
Banks covered: 2

Largest banks

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China United States United Kingdom Japan

Sources

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