Payments/HN
Honduras
ISO HN · 3 schemes
Summary
- Tigo Money QR payment pioneer
- 6,400+ agents nationwide network
- WhatsApp QR sharing feature
- Western Union remittance integration
- Digital inclusion focus
Banking landscape
Central Bank
- Name: Banco Central de Honduras (BCH)
- Website: https://www.bch.hn/
- Role: Monetary policy, payment oversight
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | BAC Honduras | Regional | BAC App |
| 2 | Banco Atlantida | Local | Atlantida Mobile |
| 3 | Ficohsa | Local | Ficohsa App |
| 4 | Banco de Occidente | Local | Occidente Mobile |
| 5 | Banpais | Local | Banpais App |
Market Structure
- Tigo Money: Mobile wallet leader
- 6,400+ agents: Nationwide coverage
- Remittance corridor: US-Honduras
- 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 Honduras | Banks | Clearing | Active |
| Remittances | Various | International | Active |
Tigo Money Honduras
- Digital wallet service
- Free P2P transfers
- Store payments
- Bill payments
- 6,400+ agent network
Agent Network
- Cash-in/cash-out points
- Nationwide coverage
- Remittance collection
- Service payments
- Balance top-up
QR code standards
Tigo Money QR
| Attribute | Value |
|---|---|
| Provider | Tigo Honduras |
| Feature | Collect and pay QR |
| Sharing | WhatsApp, Messenger, Telegram |
| Innovation | QR file upload |
QR Payment Features
- QR code generation
- QR code scanning
- Amount, concept, validity entry
- Share via messaging apps
- Camera scan or file upload
- Pay at favorite shops
QR Sharing Options
- WhatsApp sharing
- Facebook Messenger
- Telegram
- Direct camera scan
- QR file upload
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Tigo Money | Millicom | Yes | Full QR |
| BAC App | BAC | Limited | Banking |
| Ficohsa | Ficohsa | Limited | Banking |
Tigo Money Features
- Send/receive money free
- QR code payments
- Pay in stores
- Top-up balance
- Bill payments
- Utility payments
- Remittance collection
- Package purchases
Remittance Integration
- Western Union
- MoneyGram
- Cash withdrawal at agents
- Direct to wallet
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Tigo Money QR | Mobile QR | App | Active | — |
| QR Sharing | Multi-platform | Messaging | Active | — |
| Agent network | Cash | Nationwide | 6,400+ | — |
Sources
- Payment Media - Tigo Money QR Honduras
- Google Play - Tigo Money Honduras
- App Store - Tigo Money Honduras
- Indus App Store - Tigo Money Honduras
Full country report
Schemes
Standards
Primary · 1
Mentioned · 2