Payments/GT
Guatemala
ISO GT · 2 schemes
Summary
- Tigo Money leading mobile wallet
- QR code payments integrated
- Multi-remittance integration
- Any operator phone registration
- DPI validation identity system
Banking landscape
Central Bank
- Name: Banco de Guatemala (Banguat)
- Website: https://www.banguat.gob.gt/
- Role: Monetary policy, financial regulation
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Banco Industrial | Private | Bi App |
| 2 | Banrural | Cooperative | Banrural Mobile |
| 3 | G&T Continental | Private | G&T App |
| 4 | BAC Credomatic | Regional | BAC App |
| 5 | Banco de Desarrollo Rural | Development | BDR Mobile |
Market Structure
- Tigo Money: Mobile wallet leader
- Multi-operator: Any phone can register
- Remittance hub: Major corridor
- Bank apps: Growing adoption
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| Tigo Money | Millicom | Mobile wallet | Active |
| Bank transfers | Banks | Wire | Active |
| ACH Guatemala | Banks | Clearing | Active |
| Remittances | Various | International | Active |
Tigo Money Guatemala
- Mobile wallet service
- Free money transfers
- Store payments
- Bill payments
- Remittance integration
Remittance Partners
- Western Union
- MoneyGram
- Boss Revolution
- Dinex
- TransFast
- Barri
- WorldRemit
- Small World Choice
- Remitly
QR code standards
Tigo Money QR
| Attribute | Value |
|---|---|
| Provider | Tigo/Millicom |
| Feature | Pay with QR code |
| Access | App scanning |
| Registration | Any operator |
QR Payment Features
- Pay with QR code (Paga con codigo QR)
- Send and receive money free
- Receive international remittances
- ATM withdrawals
- Bill payments
Registration Process
- Mobile number from any operator
- Face photo required
- DPI (national ID) photo
- Identity validation
- Quick activation
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Tigo Money | Millicom | Yes | Full wallet |
| Bi en Linea | Banco Industrial | Limited | Banking |
| Banrural | Banrural | Limited | Banking |
Tigo Money Features
- Free P2P transfers
- QR code payments
- Remittance collection
- Bill payments
- Top-up purchases
- Balance recharge
- Package purchases
Remittance Collection
- Nationwide agent network
- International partner integration
- Multiple corridors
- Quick availability
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Tigo Money QR | Mobile QR | App | Active | — |
| Bank apps | Banking | Various | Growing | — |
Sources
- Tigo Money Guatemala
- Google Play - Tigo Money Guatemala
- App Store - Tigo Money Guatemala
- WalletGeo - Tigo Money Guatemala
Full country report
Schemes
Standards
Primary · 1
Mentioned · 1