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.
U.S. intelligence sources indicate that Russian President Vladimir Putin still intends to take control of all of Ukraine and reclaim parts of Europe t...
AnewZ has premiered The Oligarch’s Design, a long-form investigative documentary marking the launch of AnewZ Investigations, the channel’s new edi...
UN Secretary-General Antonio Guterres has issued a stark warning over the humanitarian situation in the Gaza Strip....
The United States says it is working to secure a renewed ceasefire between Thailand and Cambodia, expressing cautious optimism that an agreement could...
Uzbek President Shavkat Mirziyoyev’s official visit to Tokyo represents more than a strengthening of bilateral relations; it is a strategic step tha...
Migration isn’t driven only by politics or social issues. In the era of climate change, the environment itself is becoming a reason to leave home.
In the pre-dawn darkness of Funafuti atoll, 16-year-old Teleke Palani races across a coral causeway as spring tide waters creep across the pavement, her phone capturing the encroaching sea that threatens to swallow her homeland whole.
Over a third of Tuvalu's population has applied for Australia's climate visa, as rising sea levels threaten to submerge the Pacific nation within decades.
Tuvalu's Prime Minister Feleti Teo is urging U.N. members to permanently recognize the nation’s maritime borders and statehood amid rising sea levels.
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
Chinese Foreign Minister Wang Yi has held a phone conversation with his Venezuelan counterpart Yvan Gil at the latter’s request.
A rare pair of bright-green Nike “Grinch” sneakers worn and signed by the late NBA legend Kobe Bryant have gone on public display in Beverly Hills, ahead of an auction that could set a new record for sports memorabilia.
U.S. intelligence sources indicate that Russian President Vladimir Putin still intends to take control of all of Ukraine and reclaim parts of Europe that once belonged to the Soviet Union. These assessments contradict Putin’s repeated claims that he poses no threat to Europe.
UN Secretary-General Antonio Guterres has issued a stark warning over the humanitarian situation in the Gaza Strip.
The United States says it is working to secure a renewed ceasefire between Thailand and Cambodia, expressing cautious optimism that an agreement could be reached early next week, Secretary of State Marco Rubio said on Friday.
Iran has called for greater international support in hosting millions of Afghan refugees, warning that it is becoming increasingly difficult to manage the long-term humanitarian burden without a fair sharing of responsibilities.
Ukraine has carried out its first aerial drone strike on a Russian “shadow fleet” oil tanker in the Mediterranean Sea, reflecting a growing intensity in Kyiv’s attacks on Russian oil shipping, officials said on Friday (19 December).
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment