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Cape Verde

CV · CPV · 132AfricaCVE $13 methods

1 source

SISP's Vinti4 network is the sole interbank ATM and POS infrastructure, connecting all domestic banks.

~0.38M
online population
~60%
banked adults
~10%
credit card population
MixMethodsBehaviourBanksSourcesFacts

Payment mix

share of e-commerce spend
  • Cash55%
  • Card25%
  • Mobile Money / Mobile Banking12%
  • Bank Transfer7%
  • Other1%

Methods in use

top 8 of 13
All 13 methods in Cape Verde →

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
13
Banks covered
12
Largest banks
Compare with
ComorosDjiboutiEswatiniMauritius
Sources
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