Payment methods in Dominica

North America

4methods

1bank

Population ~72,000; XCD pegged to USD at 2.7:1.

Market takeaways

Population ~72,000; XCD pegged to USD at 2.7:1.
Participant in the ECCB's DCash CBDC programme (launched 2021; DCash 2.0 in development).
Cash remains the dominant payment method; cards accepted primarily in tourist-facing businesses.
WiPay Eastern Caribbean provides merchant card processing services across the region.
Limited formal e-commerce infrastructure; most online trade is cross-border.

Population

0.072M

Online population

~0.05M

Payment method breakdown

Cash60%
Card30%
Bank Transfer7%
CBDC (DCash)2%
E-Wallet1%

Card scheme breakdown

Visa50%
Mastercard42%
American Express6%
Local Schemes2%
Other0%

Cross-border e-commerce

Market data coming soon.

Featured payment methods in Dominica

Popular options based on coverage and prominence in this market.

DCash (ECCB CBDC)

DCash is the Eastern Caribbean Central Bank's retail CBDC, of which Dominica is a member state. Launched in 2021 as a pilot, DCash allows users to hold and spend digital Eastern Caribbean dollars via mobile app. The pilot officially closed in January 2024 and the ECCB is developing DCash 2.0 for full commercial deployment, aiming to improve cross-island payment efficiency and financial inclusion.

Bank Transfers

Commercial banks in Dominica offer online banking platforms enabling interbank transfers and bill payments. The banking system operates within the ECCB's regional framework, with transfers denominated in XCD. The ECCB's payment system integration project is working to improve interoperability across member states.

Visa / Mastercard

International card schemes are issued by banks operating in Dominica, including National Bank of Dominica (NBD), CIBC FirstCaribbean, and Scotiabank. Cards are accepted at larger merchants, hotels, restaurants, and tourist-oriented businesses. Smaller local businesses typically prefer cash in XCD or USD.

WiPay Eastern Caribbean

WiPay is a regional payment aggregator operating across the Eastern Caribbean, providing merchants in Dominica with the ability to accept Visa and Mastercard online payments, issue invoices, and access the Caribbean Settlement Network. WiPay's presence across 12 Caribbean countries makes it the de facto regional payment infrastructure provider for small island e-commerce.