Jamaica is the 4th largest island nation of the Greater Antilles. It is situated in the Caribbean Sea. Link to external site : Website for Jamaica |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
11,430.42 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
3.769 Upgrade to Bronze |
| Currency | JMD |
| Class | |
| CountryISO | JM |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["JM",2.677,132]],"options":{"title":"Countries","region":"JM","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["Digicel",2107085],["Claro (America Movil)",880464],["LIME (Cable & Wireless)",781181]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",311000],["Q4 2001",759699],["Q4 2002",1170261],["Q4 2003",1520000],["Q4 2004",1745070],["Q4 2005",1799887],["Q4 2006",2011580],["Q4 2007",2245538],["Q4 2008",2413087],["Q4 2009",2586286],["Q4 2010",2720941],["Q4 2011",2827490],["Q4 2012",2911328],["Q4 2013",2979321],["Q4 2014",3034313]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Mobile",3],["Web",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",2],["Bank",1],["MNO",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["MM",2]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["DMT",2],["DW",1],["MFI",1],["MM",2],["MP",1],["MW",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",1],["Card",1],["Cash",2],["Wallet",3]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Common Upgrade to Bronze |
| Legal System |
Common law system based on the English model Upgrade to Bronze |
| Law is based on |
Based on English common law Upgrade to Bronze |
| Approach | |
| Sectors active in Digital Money | |
| Exclusivity |
Allowed Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",93.43],["Banked",59],["Internet",56],["Urban",53],["Adult",69],["Literate",85.975]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 2.68 |
| Adult % | 69.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) |
30.00 Upgrade to Bronze |
| Emigration Rate % |
26.70 Upgrade to Bronze |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
27.00 Upgrade to Bronze |
| Urban % | 53.00 |
| Female % | 49.40 |
| Literate % | 85.98 |
| Annual Growth % |
| Mobile Penetration % | 93.43 |
| Banked % | 59.00 |
| Access to FS % | 59.00 |
| Internet % | 56.00 |
| Branches per 100k adults | 9.67 |
| ATMs per 100k adults | 21.89 |
| POS per 100k adults | 673.75 |
| Prepaid % | 88.40 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 1.03 |
| 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 |