ClavePanama's domestic debit scheme and ATM network, often co-badged with Visa or Mastercard. A textbook small-market scheme: invisible internationally but essential locally. Without Clave, Panamanian debit is out of reach.Telered S.A. (owned by Panamanian banks) · since 1989
Global registry · Latin America · Central America
Panama Payment systems
3 systems listed.
This country doesn’t have a written market analysis yet: e-commerce shares, regulator, and key players are still to be documented. The systems below, however, are verified.
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Payments in the Caribbean and Central AmericaPayments in Argentina, Chile, and UruguayPayments in Mexico and the AndesPayments in Peru, Bolivia, and EcuadorPayment success rates and what drives themCross-border acquiring around the worldAccepting payments in Argentina and ChileAccepting payments in Colombia and PeruPayments in Latin America: Pix, cash, and cuotasOpening a new market: the payments playbookCollecting payments for the public sectorCollecting fares on public transit
Card schemes
Instant payments
ACH Xpress (ACH Express)Panama’s interbank instant credit transfer rail, separate from the deferred ACH. Volumes remain modest given Panama’s standing as a financial center, and the country still relies heavily on cards and cash.Telered S.A. / ACH Panamá · since 2021more than 816,000 transactions worth more than US$165.8 million in Q1 2025 (Panamanian business press citing participating banks, 2025)
Wallets
YappyWallet launched by the country’s largest private bank and later opened to other institutions (Banisi, Credicorp Bank, Davivienda, St. Georges, with Caja de Ahorros announced). A proprietary bank wallet that became a de facto national standard in the absence of a public retail rail, the opposite of the Pix model.Banco General S.A. · since 2019