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Saint Vincent and the Grenadines

VC · VCT · 670Latin AmericaXCD EC$13 methods

Revised · 4 sources

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SVG is an ECCU member; the XCD is shared with seven other Eastern Caribbean territories under ECCB monetary management.

~0.085M
online population
~75%
banked adults
MixMethodsBehaviourSourcesFacts

Payment mix

share of e-commerce spend
  • Card42%
  • Cash40%
  • Bank Transfer12%
  • Other4%
  • CBDC (DCash)2%

Methods in use

top 8 of 13 · by spend
All 13 methods in Saint Vincent and the Grenadines →

Checkout behaviour

Participant in the ECCB's DCash CBDC pilot (launched 2021); DCash 2.0 is in development as of 2024.

Bank of SVG and Republic Bank are the leading domestic financial institutions providing digital banking services.

Facts
ISO 3166
VC · VCT · 670
Region
Latin America
Population
~0.11M
Currency
XCD EC$
Banked adults
~75%
Methods live
13
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MexicoChinaUnited StatesUnited Kingdom
Sources
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