Today, El Salvador’s e-money market is growing; 16% of adults have used the service and are overall quite pleased with the service, the speed of transactions and the attention received.
This paper shares the process of deliberating and designing the fundamentals of e-money in El Salvador. It is a unique case of regulation, particularly compared to other Latin American countries. Download this paper and find out:
- why the need for a "Comprehensive Model" - the model for digital financial services in El Salvador
- the origins and fundamentals of e-money in El Salvador
- and the strategic role of AFI in supporting Banco Central de Reserva El Salvador through its working groups, and training and grant programs.