Tuvalu, the country where there was only cash – so far

by Andrea
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Tuvalu, the country where there was only cash - so far

Tuvalu, the country where there was only cash - so far

Imagine without using a bank account? The daily life of this tiny isolated country in the Pacific is made with notes and coins, and has just received the first ATM box.

It is one of the most remote countries in the world, one of the smallest countries in the world and one of the least visited countries in the world. Had everything to be financially underdeveloped, but if we said that The country has just received its first ATMwe are talking about another level of underdevelopment.

With about 11,200 inhabitants and only 3000 visitors for years, the country of 9 tiny islands has so far made all cash transactions – including tourists (if you wanted to visit Tuvalu, you had to take physical money).

According to, on April 15 The country first received a crowd box. “It will definitely break the barriers and present to people modern and reliable banking services,” said Nisar Ali of Pacific Technology Limited, which helped conceive the machine.

This country is located in the middle of the Pacific, between Australia and Hawaii, and is so remote and inaccessible that it receives only half a dozen flights a week from the Fiji Islands, they to ground their airport. While it is unoccupied (and it is very common that it is), The landing track is used for all types of games, such as Raguebi or football.

Among the islands, the inhabitants move from ferry. To pay it, of course – only physical moneyat least so far.

The island became known for the world in 2021, when then -Foreign Minister Simon Kofe gave a united nations speech. The moment was a warning of rising the sea level, which threatens to destroy the already small country.

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