The Republic of Nicaragua is the largest country in the Central American isthmus, bordering Honduras to the north and Costa Rica to the south. Link to external site : Website for Nicaragua |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
5,725.94 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
4.006 Upgrade to Bronze |
| Currency | NIO |
| Class | |
| CountryISO | NI |
| Sovereignity | Country |
| Territory of | - NA - |
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{"type":"PieChart","data":[["Operator","Connections"],["Claro (America Movil)",2405763],["Movistar (Telef\u00f3nica)",1600000]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",119048],["Q4 2001",156180],["Q4 2002",224000],["Q4 2003",349000],["Q4 2004",738000],["Q4 2005",1103700],["Q4 2006",1808100],["Q4 2007",2524535],["Q4 2008",2911850],["Q4 2009",3148300],["Q4 2010",3462739],["Q4 2011",3738120],["Q4 2012",3966061],["Q4 2013",4150381],["Q4 2014",4290689]],"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; Supreme Court may review administrative acts Upgrade to Bronze |
| Law is based on | |
| Approach | |
| Sectors active in Digital Money | |
| Exclusivity |
Allowed Upgrade to Bronze |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",51.49],["Banked",5],["Internet",3],["Urban",56],["Adult",63],["Literate",67.5]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 5.61 |
| Adult % | 63.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) |
40.10 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) |
800.00 Upgrade to Bronze |
| Internal Migration Rate % |
13.30 Upgrade to Bronze |
| Intl Movement Rate % | |
| Urban % | 56.00 |
| Female % | 48.80 |
| Literate % | 67.50 |
| Annual Growth % |
| Mobile Penetration % | 51.49 |
| Banked % | 5.00 |
| Access to FS % | 5.00 |
| Internet % | 3.00 |
| Branches per 100k adults | 9.31 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 88.00 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 2.74 |
| 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 |
Movistar Trivnet Upgrade to Bronze |