# Cabo Verde — payment codes and schemes

> Source: https://docs.barcoder.ai/docs/payments/CV
> extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

## Summary

- **SISP** national interbank payment system
- **Vinti4** national card and ATM network
- **QR code invoices** via Caixa Económica
- **8,688 POS** terminals nationwide
- **Cash-to-digital** transition underway

## Banking landscape

### Central Bank
- **Name:** Banco de Cabo Verde (BCV)
- **Website:** https://www.bcv.cv/
- **Role:** Monetary policy, payment oversight

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Banco Comercial do Atlântico | Local | BCA Mobile |
| 2 | Caixa Económica de Cabo Verde | State | Caixa App |
| 3 | Banco Interatlântico | Local | BI Mobile |
| 4 | Banco Caboverdiano de Negócios | Local | BCN App |
| 5 | Ecobank Cabo Verde | Pan-African | Ecobank Mobile |

### Market Structure
- **SISP:** Central interbank operator
- **Vinti4:** National card network
- **Island archipelago:** Infrastructure challenges
- **Tourism sector:** Important driver

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| SISP | SISP | Interbank switch | Active |
| Vinti4 | SISP | Card/ATM network | Active |
| SWIFT | Banks | International | Active |

### Vinti4 Network Statistics
- **8,688 POS** terminals (2020)
- **608 new terminals** added (2020)
- **Santiago Island:** 52.3% of ATMs, 46.9% of POS
- **Nationwide** coverage across islands

### SISP Services
- Debit card issuance
- ATM management
- POS terminals
- Electronic payments
- Check clearing

---

## QR code standards

### QR Invoice Payments

| Attribute | Value |
|-----------|-------|
| **Provider** | Caixa Económica |
| **Type** | Invoice QR |
| **Feature** | Photo/scan payment |
| **Method** | Email/share confirmation |

### QR Payment Features
- Invoice payment via QR code
- Photo-based payment option
- Email receipt sending
- Smartphone app sharing
- Quick bill settlement

### Digital Payment Growth
- Cash-first to mixed methods
- Cards gaining ground
- Mobile wallets emerging
- Online platforms growing

---

## Mobile payment apps

| App | Provider | QR | Features |
|-----|----------|-------|----------|
| Caixa App | Caixa Económica | Yes | Invoice QR |
| Bank Apps | Various | Limited | Banking |
| Vinti4 | SISP | Card | ATM/POS |

### Caixa Económica App
- QR code invoice payment
- Photo invoice payment
- Email confirmations
- Bill management
- Account services

### Digital Transition
- Multi-currency cards
- Mobile money emerging
- Online platforms
- Tourist-focused services

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [Vinti4](https://docs.barcoder.ai/docs/payments/CV/vinti4) | Card | SISP | National | [`vinti4`](https://docs.barcoder.ai/docs/standards/vinti4) |
| [QR Invoices](https://docs.barcoder.ai/docs/payments/CV/qr-invoices) | Invoice QR | App | Growing | — |
| [SISP](https://docs.barcoder.ai/docs/payments/CV/sisp) | Switch | Interbank | Universal | — |

## Sources

- [SISP Official](https://www.sisp.cv/)
- [SISP SWIFT](https://www.sisp.cv/swift.aspx)
- [Caixa Económica - FAQ](https://www.caixa.cv/faq?l=en)
- [AfricaNenda - Cape Verde Digital](https://www.africanenda.org/en/blog/2024/cape-verde-balancing-between-digital-payment-promotion-and-cash-resilience)
- [BCV - Payment System 2020](https://www.bcv.cv/SiteCollectionDocuments/2021/RSP%20Inglês%202020.pdf)
- [BCV - Payment System 2019](https://www.bcv.cv/SiteCollectionDocuments/2021/Cabo%20Verde's%20Payment%20System%20Report%202019.pdf)
- [Transfi - Cape Verde Payments](https://www.transfi.com/blog/popular-local-payment-methods-and-solutions-in-cape-verde)
- [MoneyMatrix - Cape Verde](https://moneymatrix.com/country/cape-verde/)

## Full country report

[CV-cabo-verde.md](https://docs.barcoder.ai/docs/payments/CV)