The Kingdom of Belgium is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU headquarters, and those of several major international organisations such as NATO. Link to external site : Website for Belgium |  |
| Wallets | |
| Development | Developed |
| Send or Receive |
Send Register/Log In |
| GDP ($m) |
452,753.75 Register/Log In |
| HDI classification | Very High |
| Mobile Connections (m) |
13.286 Upgrade to Bronze |
| Currency | EUR |
| Class | |
| CountryISO | BE |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["BE",10.626,73]],"options":{"title":"Countries","region":"BE","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["Proximus (Belgacom)",5097360],["Base (KPN)",4110120],["Mobistar (France Telecom)",4078906]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",5629000],["Q4 2001",7697000],["Q4 2002",7682583],["Q4 2003",8216736],["Q4 2004",8813861],["Q4 2005",9166806],["Q4 2006",9821724],["Q4 2007",10964859],["Q4 2008",12099604],["Q4 2009",12383715],["Q4 2010",12485910],["Q4 2011",12691788],["Q4 2012",12853686],["Q4 2013",12977116],["Q4 2014",13071854]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Location",2],["Mobile",7],["Web",3]],"options":{"title":"Initiatives ( 7 of 7 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",4],["Bank",2],["PSP",1]],"options":{"title":"Initiatives ( 7 of 7 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["DN",1],["DW",3],["MB",2],["PSP",1]],"options":{"title":"Initiatives ( 7 of 7 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BP",1],["DC",2],["DMT",1],["DW",1],["LP",1],["MB",1],["MP",5],["NFC",1],["OP",2],["PC",1],["PaySys",2],["Paybymobile",1]],"options":{"title":"Initiatives ( 7 of 7 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["",2],["Account",3],["Card",4],["Cash",1],["MobileBilling",1],["PC",1],["Wallet",3]],"options":{"title":"Initiatives ( 7 of 7 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system based on the French Civil Code; note - Belgian law continues to be modified in conformance with the legislative norms mandated by the European Union; judicial review of legislative acts Upgrade to Bronze |
| Law is based on |
The Napoleonic Code is still in use, although it is heavily modified (especially concerning family law) Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
MNO Led Upgrade to Bronze |
| E-Money |
E-money allowed for non-banks as per cpss Upgrade to Bronze |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",117.45],["Banked",97],["Internet",49],["Urban",97],["Adult",83],["Literate",99]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 10.63 |
| Adult % | 83.00 |
| Migrants % |
7.00 Register/Log In |
| Stock Immigrants ('000) |
974.80 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % |
14.60 Upgrade to Bronze |
| Urban % | 97.00 |
| Female % | 48.90 |
| Literate % | 99.00 |
| Annual Growth % |
| Mobile Penetration % | 117.45 |
| Banked % | 97.00 |
| Access to FS % | 0.00 |
| Internet % | 49.00 |
| Branches per 100k adults | 50.02 |
| ATMs per 100k adults | 85.96 |
| POS per 100k adults | 1,086.15 |
| Prepaid % | 56.20 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 0.32 |
| Monthly ARPU |
38.89 Upgrade to Bronze |
| 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 Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |