Cuba

CU · CUB · 192Latin AmericaCUP $3 methods

Revised · 5 sources

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Transfermóvil reached 5 million users and handles over 110 million transactions monthly.

~5.5M

online population

~75%

banked adults

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Cash—60%
Mobile Wallet (Transfermóvil/EnZona)—25%
Bank TransferTransfermóvil10%
Card (domestic only)MIR5%
Other—0%

Methods in use

top 3 of 3 · by spend

MethodTypeShare

All 3 methods in Cuba →

Checkout behaviour

EnZona has over 1 million registered users; focuses on domestic e-commerce unification.

21,264 establishments have digital payment capabilities via QR code as of recent reports.

Facts

ISO 3166: CU · CUB · 192
Region: Latin America
Population: 11.2M
Currency: CUP $
Banked adults: ~75%
Methods live: 3
Banks covered: 1

Largest banks

Compare with

Mexico China United States United Kingdom

Sources

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