Payments/HT
Haiti
ISO HT · 2 schemes
Summary
- MonCash leading mobile money (2M+ users)
- QR code payments free between users
- 80% unbanked population served
- Digicel operator backing
- NGO/aid distribution channel
Banking landscape
Central Bank
- Name: Banque de la République d'Haïti (BRH)
- Website: https://www.brh.ht/
- Role: Monetary policy, financial regulation
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | BNC (Banque Nationale de Crédit) | State | BNC Mobile |
| 2 | Sogebank | Private | Sogebank App |
| 3 | Unibank | Private | Unibank Mobile |
| 4 | Capital Bank | Private | Capital App |
| 5 | Scotiabank Haiti | International | Scotia App |
Market Structure
- MonCash: Dominant mobile money
- 80% unbanked: Target population
- Digicel: Telecom backing
- Agent network: Nationwide coverage
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| MonCash | Digicel | Mobile money | 2M+ users |
| ACH Haiti | Banks | Clearing | Limited |
| Bank transfers | Banks | Wire | Active |
| Remittances | Various | International | Active |
MonCash Network
- 2 million+ users
- Thousands of agents nationwide
- Cash-in/cash-out points
- NGO/aid distribution
- Financial partner: Scotiabank, Lajan Cash
Remittance Importance
- WorldRemit support
- Ria Money Transfer
- Western Union
- Diaspora corridor
- Mobile money delivery
QR code standards
MonCash QR
| Attribute | Value |
|---|---|
| Provider | Digicel Haiti |
| Feature | Personal + merchant QR |
| User-to-user | Free |
| Security | Encrypted |
MonCash QR Features
- Personalized QR code
- Merchant QR scanning
- Free user-to-user transfers
- Error reduction (vs phone numbers)
- Privacy protection
- Encrypted information
QR Payment Benefits
- Minimizes phone number errors
- Prevents overhearing amounts
- Protected personal information
- Only user accesses QR
- Merchant payment simplicity
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| MonCash | Digicel | Yes | Full wallet |
| Bank Apps | Various | Limited | Banking |
MonCash App Features
- QR code payments
- Bill payments
- Money transfers
- Airtime top-up
- Cash-in/cash-out
- International remittances
- Biometric login (2024)
MonCash Plus (2024)
- Remote account upgrade
- Increased limits
- International transfers
- Facial recognition
- Fingerprint login
Merchant Solutions
- QR code display
- Electronic payment receipt
- eCash funds
- API integration
- Automatic collection
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| MonCash QR | Mobile QR | Encrypted | 2M+ users | moncash-qr |
| MonCash API | Developer | Integration | Active | — |
Sources
- MonCash Official
- MonCash FAQs
- MonCash Business
- Google Play - MonCash
- TransFi - Haiti Payments
- Ria - MonCash
- WorldRemit - Haiti
Full country report
Schemes
Standards
Primary · 1
Mentioned · 1