Iceland

Iceland is a Nordic European island country situated at the confluence of the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge. It is the most sparsely populated country in Europe.


Link to external site : Website for Iceland
Iceland
Wallets
Development Developed
Send or Receive
GDP ($m)
HDI classification Very High
Mobile Connections (m)
Currency ISK
Class
CountryISO IS
Sovereignity Country
Territory of - NA -
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Channel Analysis
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COT Analysis
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Persona Analysis
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Products
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PI Analysis
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Central Bank
Key Regulations
Type of law
Legal System
Civil law system influenced by the Danish model
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Law is based on
Based on Germanic traditional laws and influenced by Medieval Norwegian and Danish laws.
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Approach
Sectors active in Digital Money
Exclusivity
Certainty
Openness
Proportionate?
Allowed Models
DominantModel
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Population m 0.31
Adult % 78.00
Migrants %
Stock Immigrants ('000)
Emigration Rate %
Internal Migrants ('000)
Internal Migration Rate %
Intl Movement Rate %
Urban % 92.00
Female % 52.00
Literate % 99.00
Annual Growth %
Mobile Penetration % 130.80
Banked % 90.00
Access to FS % 0.00
Internet % 65.00
Branches per 100k adults 0.00
ATMs per 100k adults 0.00
POS per 100k adults 0.00
Prepaid % 75.00
Prepaid SIM Registration
MobileUnbanked (m) 0.03
Monthly ARPU
Cards 2010 ('000)
Propensity %
Overall
Population
On Remittance Sent
On Remittance Received
Mobile Unbanked
Migrant %
MP %
Banked %
Development
Can Provide Payments?
Can Market under Brand?
Can issue E-Money?
Can Open Customer Account?
Can Own Customer?
Can do Cash In/Cash Out?
Can offer Domestic Money Transfer?
Can offer International Money Transfer?
Importance for Digital Money
Digital Money Adoption
Mobile Payment
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Registered Wallet Users
Top Wallets
Informal Market
Cost To Remit
Key Players

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