Guatemalan Quetzal

Visa is the world's largest card network, enabling credit, debit and prepaid card payments online, in-store and at ATMs across virtually every market. In the listed countries Visa is a core internationally accepted scheme alongside local methods.

Mastercard is a leading global card network supporting credit, debit and prepaid card payments online, in-store and at ATMs worldwide. In the listed countries it is a core internationally accepted scheme.

Claro Pay, operated by América Móvil's Claro Nicaragua, is a mobile money platform targeting prepaid mobile subscribers. It supports P2P transfers, bill payments, and basic financial transactions for users outside the formal banking system. It is one of the few accessible digital financial tools for rural and low-income populations.

Tigo Money, operated by Telecel (Millicom's Paraguay subsidiary), is Paraguay's leading mobile wallet and a key driver of financial inclusion. It enables P2P transfers, QR payments, bill payments, and remittance collection. Tigo Money participates in Paraguay's interoperable instant payment infrastructure and has deep penetration among the unbanked and underbanked population. QR transactions reached 13 million in March 2025, with much of this volume flowing through Tigo Money.

American Express is widely accepted in Panama, particularly in hotels, restaurants, and the business services sector concentrated in Panama City. Panama's role as a regional business hub and the Colón Free Zone drives above-average AmEx acceptance compared to other Central American countries.

Banco Industrial is Guatemala's largest private bank, offering retail, SME, and corporate banking.

Banrural is Guatemala's leading rural and agricultural bank, a cooperative-based institution serving underbanked rural and indigenous communities.

Aggregate of remaining banks in Guatemala, collectively ~62.9% of domestic banking assets.