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Vanuatu

VU · VUT · 548Asia-PacificVUV VT14 methods

4 sources

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

Payment mix

share of e-commerce spend
  • Cash78%
  • Mobile Money15%
  • Card5%
  • Bank Transfer2%

Methods in use

top 8 of 14

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
Banking groups present

Headquartered outside Vanuatu. The catalogue has no bank headquartered here yet.

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