The Republic of Costa Rica is a country in Central America, bordered by Nicaragua to the north, Panama to the southeast, the Pacific Ocean to the west, and the Caribbean Sea to the east. Link to external site : Website for Costa Rica |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
26,267.16 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
3.904 Upgrade to Bronze |
| Currency | CRC |
| Class | |
| CountryISO | CR |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["ICE",3904000]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",212000],["Q4 2001",327000],["Q4 2002",502000],["Q4 2003",778000],["Q4 2004",923000],["Q4 2005",1063315],["Q4 2006",1207579],["Q4 2007",1358409],["Q4 2008",1510815],["Q4 2009",1661064],["Q4 2010",1806345],["Q4 2011",1945905],["Q4 2012",2079782],["Q4 2013",2207582],["Q4 2014",2328683]],"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 |
Civil Upgrade to Bronze |
| Legal System |
Civil law system based on Spanish civil code; judicial review of legislative acts in the Supreme Court Upgrade to Bronze |
| Law is based on |
First Civil Code (a part of the General Code or Carrillo Code) came into effect in 1841; its text was inspired by the South Peruvian Civil Code Upgrade to Bronze |
| Approach | |
| Sectors active in Digital Money | |
| Exclusivity |
Allowed Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Unknown Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",36.54],["Banked",29],["Internet",34],["Urban",63],["Adult",73],["Literate",95.9458]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 4.46 |
| Adult % | 73.00 |
| Migrants % |
10.00 Register/Log In |
| Stock Immigrants ('000) |
489.20 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
700.00 Upgrade to Bronze |
| Internal Migration Rate % |
20.00 Upgrade to Bronze |
| Intl Movement Rate % | |
| Urban % | 63.00 |
| Female % | 49.80 |
| Literate % | 95.95 |
| Annual Growth % |
| Mobile Penetration % | 36.54 |
| Banked % | 29.00 |
| Access to FS % | 29.00 |
| Internet % | 34.00 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 53.35 |
| POS per 100k adults | 0.00 |
| Prepaid % | 86.80 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 1.16 |
| 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 |
Long Term Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |