The Grand Duchy of Luxembourg is a landlocked country in western Europe, bordered by Belgium, France, and Germany. Link to external site : Website for Luxembourg |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
49,459.65 Register/Log In |
| HDI classification | Very High |
| Mobile Connections (m) |
0.753 Upgrade to Bronze |
| Currency | EUR |
| Class | |
| CountryISO | LU |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Luxgsm (P&T)",385220],["Tango (Belgacom)",257400],["Orange (Mobistar)",99513],["LOL Mobile (Luxembourg Online)",10565]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",317333],["Q4 2001",407048],["Q4 2002",478133],["Q4 2003",531100],["Q4 2004",625135],["Q4 2005",642505],["Q4 2006",667486],["Q4 2007",687145],["Q4 2008",698636],["Q4 2009",724634],["Q4 2010",742380],["Q4 2011",760886],["Q4 2012",776951],["Q4 2013",790924],["Q4 2014",803185]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Mobile",5],["Web",4]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",2],["Bank",1],["PSP",3]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["DW",2],["MP",2],["MW",1]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["BP",2],["DMT",2],["DW",1],["IMT",1],["MP",3],["OP",4],["Sell",1],["Whitelabel",1]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Account",2],["Card",3],["Wallet",2]],"options":{"title":"Initiatives ( 5 of 5 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system Upgrade to Bronze |
| Law is based on |
Influenced by the Napoleonic Code 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",148.45],["Banked",99],["Internet",72],["Urban",83],["Adult",82],["Literate",100]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 0.48 |
| Adult % | 82.00 |
| Migrants % |
36.00 Register/Log In |
| Stock Immigrants ('000) |
173.20 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
38.30 Upgrade to Bronze |
| Urban % | 83.00 |
| Female % | 50.30 |
| Literate % | 100.00 |
| Annual Growth % |
| Mobile Penetration % | 148.45 |
| Banked % | 99.00 |
| Access to FS % | 0.00 |
| Internet % | 72.00 |
| Branches per 100k adults | 58.36 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 68.90 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.00 |
| Monthly ARPU |
42.57 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 |