Jamaica

mkt_jm
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JAM-DEX gives Jamaica a central-bank digital currency alongside bank accounts, cards and cash. Local payments use the Jamaican dollar, while international transfers connect households and merchants with overseas funds in a Caribbean market of roughly 2.84 million residents in 2025.

Alpha-3:JAM
NUM:388
Population
2.8M
GDP
$23B
GDP per Capita
$8K
GDP Growth
0.1%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Jamaica

Cash continues to play an important role in Jamaica despite JAM-DEX and card options. The shift within physical money is notable: cotton banknotes stopped being legal tender in July 2025, completing the move to polymer banknotes.

ATMs (PER 100K)
38.3
BANKS (PER 100K)
6.6
DEBIT CARDS (PER ADULT)
1.7
CREDIT CARDS (PER ADULT)
0.2
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards