Montserrat

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Montserrat is a very small Eastern Caribbean payments market using the shared EC dollar. Regional banking and clearing arrangements connect local transfers with wider services, while card acceptance depends on merchants and providers. The territory's 2023 population was about 4,400.

Alpha-3:MSR
NUM:500
Population
4K
GDP
$86M
GDP per Capita
$20K
GDP Growth
3.7%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Montserrat

Cash retains a role in Montserrat, where only a limited number of establishments accept credit cards. EC-dollar banknotes support local spending within the currency union, while limited acceptance makes cards an incomplete substitute.

ATMs (PER 100K)
61.5
BANKS (PER 100K)
14.8
DEBIT CARDS (PER ADULT)
1.7
CREDIT CARDS (PER ADULT)
0.3
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Schemes

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Systems

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PSPs

Compliance

Standards