Venezuela

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

Currency:VES
Alpha-3:VEN
NUM:862
Population
29M
Banked Population
87.3%
GDP
$100B
GDP per Capita
$3K

Payment Methods

Payment methods with an explicit availability relationship to Venezuela.

Cash in Venezuela

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

Cash Withdrawals
-
ATM Machines
-
Cards
-
POS Terminals
-

Schemes

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

Systems

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

PSPs

Provider processing and payout characteristics for payment methods linked to Venezuela.

No PSPs have been mapped yet.

Compliance

Regulators and regulations connected to Venezuela.

Regulation Category

Standards

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

Standard CategoryApplicability