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Timor-Leste

TL · TLS · 626Asia-PacificUSD $13 methods

5 sources

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

Payment mix

share of e-commerce spend
  • Cash75%
  • Mobile Wallet15%
  • Card7%
  • Bank Transfer3%

Methods in use

top 8 of 13

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 $
Internet use
35%
Banked adults
~20%
Methods live
13
Banks covered
1
Banking groups present

Headquartered outside Timor-Leste. The catalogue has no bank headquartered here yet.

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