Timor-Leste

TL · TLS · 626Asia-PacificUSD $14 methods

Revised · 5 sources

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Only 20% of adults have a bank account; only 10% possess a payment card.

$260 m

e-commerce spend

~0.5M

online population

~20%

banked adults

~10%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryLeading methodShare

Cash—75%
Mobile WalletGoogle Pay15%
CardVisa7%
Bank Transfer—3%

Methods in use

top 8 of 14 · by spend

MethodTypeShare

All 14 methods in Timor-Leste →

Checkout behaviour

Nearly 25% of the population uses digital, electronic, or mobile wallets, according to UNCDF data.

The Central Bank of Timor-Leste launched an e-payments network to improve interoperability.

Facts

ISO 3166: TL · TLS · 626
Region: Asia-Pacific
Population: 1.3M
Currency: USD $
Banked adults: ~20%
Methods live: 14
Banks covered: 1

Largest banks

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China Guyana Estonia Brunei

Sources

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