The Republic of Bulgaria is a country located in Southeastern Europe. It is bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south and the Black Sea to the east. Link to external site : Website for Bulgaria |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
39,549.24 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
10.993 Upgrade to Bronze |
| Currency | BGN |
| Class | |
| CountryISO | BG |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["BG",7.642,89]],"options":{"title":"Countries","region":"BG","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["M-Tel (Telekom Austria)",5330100],["Globul (OTE) - (Telenor)",4000274],["VIVACOM",1662245]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",737984],["Q4 2001",1563415],["Q4 2002",2481488],["Q4 2003",3289897],["Q4 2004",4976340],["Q4 2005",6175265],["Q4 2006",7956002],["Q4 2007",9962584],["Q4 2008",10906221],["Q4 2009",10937649],["Q4 2010",11004715],["Q4 2011",11217176],["Q4 2012",11369437],["Q4 2013",11482581],["Q4 2014",11565982]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",1],["Location",1],["Mobile",4],["Web",1]],"options":{"title":"Initiatives ( 6 of 6 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",2],["Bank",1],["MNO",1],["PSP",2],["Vendor",1]],"options":{"title":"Initiatives ( 6 of 6 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["DP",3],["Hub",1],["MP",1],["PC",1]],"options":{"title":"Initiatives ( 6 of 6 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BP",3],["CICO",2],["DMT",2],["LP",1],["MB",1],["MP",3],["Saving",1]],"options":{"title":"Initiatives ( 6 of 6 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",3],["Card",4],["Cash",1],["PC",1],["Wallet",1]],"options":{"title":"Initiatives ( 6 of 6 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law Upgrade to Bronze |
| Law is based on |
Civil Law system influenced by Germanic and Roman law systems Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",148.11],["Banked",56],["Internet",52],["Urban",71],["Adult",87],["Literate",98.2751]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 7.64 |
| Adult % | 87.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) |
107.20 Upgrade to Bronze |
| Emigration Rate % |
10.50 Upgrade to Bronze |
| Internal Migrants ('000) |
800.00 Upgrade to Bronze |
| Internal Migration Rate % |
14.30 Upgrade to Bronze |
| Intl Movement Rate % |
11.60 Upgrade to Bronze |
| Urban % | 71.00 |
| Female % | 57.90 |
| Literate % | 98.28 |
| Annual Growth % |
| Mobile Penetration % | 148.11 |
| Banked % | 56.00 |
| Access to FS % | 56.00 |
| Internet % | 52.00 |
| Branches per 100k adults | 88.07 |
| ATMs per 100k adults | 78.22 |
| POS per 100k adults | 682.57 |
| Prepaid % | 50.60 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 3.36 |
| Monthly ARPU |
12.89 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Mobile Payment Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |