Dominican Republic

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The Dominican Republic is a major payments market in LatAm. Payments span cards, bank transfers, digital wallets and cash-based channels.

Currency:DOP
Alpha-3:DOM
NUM:214
Population
12M
Banked Population
64.8%
GDP
$127B
GDP per Capita
$11K

Payment Methods

Payment methods with an explicit availability relationship to Dominican Republic.

Cash in Dominican Republic

Cash access and physical payment acceptance in Dominican Republic, covering withdrawals, ATMs, cards and POS terminals.

Cash Withdrawals
-
ATM Machines
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Cards
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POS Terminals
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Schemes

Schemes connected to Dominican Republic, using the same four-metric model as the overview.

Systems

Systems connected to Dominican Republic, using the same four-metric model as the overview.

PSPs

Provider processing and payout characteristics for payment methods linked to Dominican Republic.

No PSPs have been mapped yet.

Compliance

Regulators and regulations connected to Dominican Republic.

Regulation Category

Standards

Standards directly scoped to Dominican Republic. Required means mandatory for participants in the relevant rail; contractual and conditional items apply only to the related product or flow.

Standard CategoryApplicability