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Uruguay

Uruguayan Peso (UYU)

Uruguay has shifted towards electronic payments, fueled by government efforts to promote financial inclusion. Payment card numbers, transaction volume, and value have shown strong growth. The prepaid card market has also seen substantial growth, supported by government initiatives.

Population

3,422,794

Banked Population:

74.13%

Group 427321246

Main industries

Tourism & Hospitality, Agriculture, and Service

Group 427321247

Main imports

Crude & Refined Petroleum, Cars, Packaged Medicaments, and Broadcasting Equipment

Group 427321248

Main exports

Sulfate Chemical Woodpulp, Concentrated Milk, Electricity, and Bovine Meat

GDP stats

$20,795

Per capita (USD)

4.9%

Growth annually

77

World ranking

Internet usage

90%

Smartphone usage

73%

Credit/debit card usage

65%

Population transacting electronically

59%

Group 427321245 1

Total volume of digital payments projected to reach

$2,850.00M (USD)

Banque Heritage

Wire Transfer

Banco Hipotecario del Uruguay

Wire Transfer

Banco de la Provincia de Buenos Aires

Wire Transfer

Banco ITAU

Wire Transfer

Banco de la Nacion Argentina Uruguay

Wire Transfer

Banco de la Republica Oriental Del Uruguay

Wire Transfer

Banco Santander Uruguay

Wire Transfer

Citibank N.A. Uruguay

Wire Transfer

HSBC Uruguay

Wire Transfer

Scotiabank Uruguay

Wire Transfer

Banco Bandes

Wire Transfer

Banco Bilbao Vizcaya Argentaria

Wire Transfer

Scotiabank Uruguay

Payout

Banco Bandes

Payout

Banco Bilbao Vizcaya Argentaria

Payout

Banque Heritage

Payout

Banco Hipotecario del Uruguay

Payout

Banco de la Provincia de Buenos Aires

Payout

Banco ITAU

Payout

Banco de la Nacion Argentina Uruguay

Payout

Prex Fortex

Payout

Banco de la Republica Oriental Del Uruguay

Payout

Banco Santander Uruguay

Payout

Citibank N.A. Uruguay

Payout

HSBC Uruguay

Payout

Payment Methods in Uruguay

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  • All Methods
  • Payout
  • Wire Transfer

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