Payment mix
share of e-commerce spendCategoryLeading methodShare
- Cash—55%
- CardVisa25%
- Mobile Money / Mobile BankingGoogle Pay12%
- Bank Transfer—7%
- Other—1%
Methods in use
top 8 of 14 · by spend
Checkout behaviour
Diaspora remittances from Portugal, the Netherlands, and the US are a critical inflow, driving demand for cross-border transfer services.
CVTelecom and Unitel T+ offer mobile banking and mobile money services targeting the unbanked population across rural islands.
Facts
- ISO 3166
- CV · CPV · 132
- Region
- Africa
- Population
- ~0.56M
- Currency
- CVE $
- Banked adults
- ~60%
- Methods live
- 14
- Banks covered
- 12
Largest banks
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