The Cayman Islands is a British Overseas Territory located in the western Caribbean Sea. The territory is a major world offshore financial centre. Link to external site : Website for Cayman Islands |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
1,939.00 Register/Log In |
| HDI classification | Unknown |
| Mobile Connections (m) |
0.112 Upgrade to Bronze |
| Currency | KYD |
| Class | |
| CountryISO | KY |
| Sovereignity | Other terrirory |
| Territory of | UK |
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{"type":"PieChart","data":[["Operator","Connections"],["Digicel",56964],["LIME (Cable & Wireless)",54805]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",12500],["Q4 2001",16000],["Q4 2002",20849],["Q4 2003",26037],["Q4 2004",45800],["Q4 2005",55646],["Q4 2006",59485],["Q4 2007",63025],["Q4 2008",67124],["Q4 2009",69989],["Q4 2010",71718],["Q4 2011",72712],["Q4 2012",73433],["Q4 2013",73847],["Q4 2014",74090]],"options":{"title":"Connections"}}
| Channel Analysis |
No data to report Upgrade to Bronze |
| COT Analysis |
No data to report Upgrade to Bronze |
| Persona Analysis |
No data to report Upgrade to Bronze |
| Products |
No data to report Upgrade to Bronze |
| PI Analysis |
No data to report Upgrade to Bronze |
| Central Bank | |
| Key Regulations | |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
English common law and local statutes Upgrade to Bronze |
| Law is based on | |
| Approach |
Allowed 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",164.5],["Banked",44],["Internet",47],["Urban",100],["Adult",80],["Literate",98.86782324]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 0.05 |
| Adult % | 80.00 |
| Migrants % |
34.00 Register/Log In |
| Stock Immigrants ('000) | |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 100.00 |
| Female % | 0.00 |
| Literate % | 98.87 |
| Annual Growth % |
| Mobile Penetration % | 164.50 |
| Banked % | 44.00 |
| Access to FS % | 0.00 |
| Internet % | 47.00 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 85.80 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.03 |
| Monthly ARPU |
12.18 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 |
Medium Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets |
FirstCaribbean Intl Bank Upgrade to Bronze |
| Informal Market | |
| Cost To Remit | |
| Key Players |