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Costa Rica

Costa Rica was one of the first countries in Latin America to start using contactless payments. They were incorporated into public transport payment systems to minimize the handling of cash during the Covid-19 pandemic. In response to the increasing popularity of electronic payment methods in Costa Rica, the central bank launched the National System of Electronic Payments, a platform that connects financial and public institutions, enabling easy electronic cash transfers

Costa Rica

Population

5,153,957

Banked Population:

68.49%

Group 427321246

Main industries

Tourism, Agriculture, and Manufacturing

Group 427321247

Main imports

Refined Petroleum, Broadcasting Equipment, Medical Instruments, Packaged Medicaments, and Cars

Group 427321248

Main exports

Medical Instruments, Bananas, Tropical Fruits, Integrated Circuits, and Orthopedic Appliances

GDP stats

$12,472.4

Per capita (USD)

7.6%

Growth annually

76

World ranking

Internet usage

83%

Smartphone usage

65%

Credit/debit card usage

53%

Population transacting electronically

59%

Group 427321245 1

Total volume of digital payments projected to reach

$2,863.00M (USD)

Payment Methods in Costa Rica

All
  • All Methods
  • Cash
  • ONLINE

Banco Nacional de Costa Rica Cash

Cash

Punto Hey

Cash

Payser

Cash

Banco Nacional de Costa Rica

Online

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