Digital Payments


Belize has a high penetration for mobile phone usage. There are signs of digitization – in 2017 the APS was introduced enabling electronic processing of cheques. 

Belize has a National Financial Inclusion Strategy (NFIS) and financial inclusion is seen as essential by the Belize central bank. 

In 2019, less than 50% of Belize adults made or received digital payments. There is a digital wallet in Belize. 

There is no evidence of CBDC development in Belize. Some of infrastructure does exist for digital processing but there is not any sign of that being extended into CBDCs.

 

 

 

By cryptorocks_editor

Editor.