For the first time, Tuvalu’s residents can access cash and make card payments locally, following the launch of the country's first ATMs and point-of-sale terminals.
The Pacific island nation of Tuvalu has launched its first automated teller machines (ATMs) and point-of-sale (POS) systems, marking a major advancement in its financial services. Previously, residents could only access banking services in person at the National Bank of Tuvalu’s main office in Funafuti.
The new ATMs, installed at the bank’s headquarters, offer cash withdrawals and balance inquiries. Alongside these, POS terminals have been introduced at several retail locations, enabling customers to make card payments for goods and services for the first time.
Authorities described this development as a significant step towards modernising the country’s financial infrastructure. The International Telecommunication Union, which has supported Tuvalu’s digital initiatives, noted that these upgrades would improve financial accessibility for the nation’s approximately 11,000 citizens.
Officials highlighted that the new systems would also benefit visitors to the country, reducing reliance on cash and expanding payment options. The move is part of Tuvalu’s broader efforts to enhance digital and financial services in response to its geographical isolation and climate-related challenges.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for April 19th, covering the latest developments you need to know.
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