The Dominican Republic is a nation on the island of Hispaniola, part of the Greater Antilles archipelago in the Caribbean region. Link to external site : Website for Dominican Republic |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
36,685.57 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
9.722 Upgrade to Bronze |
| Currency | DOP |
| Class | |
| CountryISO | DO |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Claro (America Movil)",5162256],["Orange",3030615],["Tricom",861097],["Viva (Trilogy)",667606]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",658821],["Q4 2001",955735],["Q4 2002",1549632],["Q4 2003",2131235],["Q4 2004",2717812],["Q4 2005",3551884],["Q4 2006",4514861],["Q4 2007",5657009],["Q4 2008",7199852],["Q4 2009",8615484],["Q4 2010",9701445],["Q4 2011",10447629],["Q4 2012",10924683],["Q4 2013",11249508],["Q4 2014",11495218]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Mobile",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Bank",1],["MNO",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MW",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["DMT",1],["DW",1],["MP",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Cash",1],["Wallet",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system based on the French civil code; Criminal Procedures Code modified in 2004 to include important elements of an accusatory system Upgrade to Bronze |
| Law is based on |
Based by the Napoleonic Code Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity |
Allowed Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Bank Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",92.87],["Banked",29],["Internet",17],["Urban",68],["Adult",67],["Literate",89.1448]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 9.75 |
| Adult % | 67.00 |
| Migrants % |
2.00 Register/Log In |
| Stock Immigrants ('000) |
434.30 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
1,700.00 Upgrade to Bronze |
| Internal Migration Rate % |
17.70 Upgrade to Bronze |
| Intl Movement Rate % |
10.40 Upgrade to Bronze |
| Urban % | 68.00 |
| Female % | 40.10 |
| Literate % | 89.14 |
| Annual Growth % |
| Mobile Penetration % | 92.87 |
| Banked % | 29.00 |
| Access to FS % | 29.00 |
| Internet % | 17.00 |
| Branches per 100k adults | 14.71 |
| ATMs per 100k adults | 27.21 |
| POS per 100k adults | 0.00 |
| Prepaid % | 86.10 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 6.43 |
| 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 |