Payment methods in Venezuela
Venezuela offers 5 payment solutions tailored to local market preferences and regulatory requirements.
Market takeaways
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Market KPIs
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Payment method breakdown
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Card scheme breakdown
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Cross-border e-commerce
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Featured payment methods in Venezuela
Popular options based on coverage and prominence in this market.
Binance Pay
A cryptocurrency platform that facilitates payments using USDT and requires a verified merchant account.
Zelle
Zelle is a bank-owned peer-to-peer network available within participating mobile banking apps. Users enrol with an email address or U.S. mobile number and can send money to friends and family; funds are transferred directly between bank accounts, typically within minutes, and 99.44% of linked accounts charge no fee for sending or receiving money
Biopago
A payment solution offered by Banco de Venezuela that allows transactions between individuals and legal entities of the same bank.
AirTM
A platform that facilitates currency exchange and is a useful alternative for transactions in the country.
Mobile Payment C2P
A mobile payment system that streamlines and simplifies commercial transactions, offering flexibility and agility to businesses and customers.
All payment methods in Venezuela
Discover 5 payment methods from around the world
Featured banks in Venezuela
Major institutions operating in this market.
Banco de Venezuela
Caracas, Venezuela
Banco de Venezuela is the country's largest state-owned bank, re-nationalised in 2009, offering retail and corporate banking.
Mercantil Banco Universal
Caracas, Venezuela
Mercantil Banco Universal is Venezuela's largest private bank, offering retail and corporate banking with operations in the US.
Other Banks — Venezuela
Caracas, Venezuela
Aggregate of remaining banks in Venezuela, collectively ~55.0% of domestic banking assets.
All banks in Venezuela
Showing 3 of 3 banks
