# Guatemala — payment codes and schemes

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

## Summary

- **Tigo Money** leading mobile wallet
- **QR code** payments integrated
- **Multi-remittance** integration
- **Any operator** phone registration
- **DPI validation** identity system

## Banking landscape

### Central Bank
- **Name:** Banco de Guatemala (Banguat)
- **Website:** https://www.banguat.gob.gt/
- **Role:** Monetary policy, financial regulation

### Major Banks (2024)

| Rank | Bank Name | Type | Digital Platform |
|------|-----------|------|------------------|
| 1 | Banco Industrial | Private | Bi App |
| 2 | Banrural | Cooperative | Banrural Mobile |
| 3 | G&T Continental | Private | G&T App |
| 4 | BAC Credomatic | Regional | BAC App |
| 5 | Banco de Desarrollo Rural | Development | BDR Mobile |

### Market Structure
- **Tigo Money:** Mobile wallet leader
- **Multi-operator:** Any phone can register
- **Remittance hub:** Major corridor
- **Bank apps:** Growing adoption

---

## Payment infrastructure

### National Payment Systems

| System | Operator | Type | Status |
|--------|----------|------|--------|
| Tigo Money | Millicom | Mobile wallet | Active |
| Bank transfers | Banks | Wire | Active |
| ACH Guatemala | Banks | Clearing | Active |
| Remittances | Various | International | Active |

### Tigo Money Guatemala
- Mobile wallet service
- Free money transfers
- Store payments
- Bill payments
- Remittance integration

### Remittance Partners
- Western Union
- MoneyGram
- Boss Revolution
- Dinex
- TransFast
- Barri
- WorldRemit
- Small World Choice
- Remitly

---

## QR code standards

### Tigo Money QR

| Attribute | Value |
|-----------|-------|
| **Provider** | Tigo/Millicom |
| **Feature** | Pay with QR code |
| **Access** | App scanning |
| **Registration** | Any operator |

### QR Payment Features
- Pay with QR code (Paga con codigo QR)
- Send and receive money free
- Receive international remittances
- ATM withdrawals
- Bill payments

### Registration Process
- Mobile number from any operator
- Face photo required
- DPI (national ID) photo
- Identity validation
- Quick activation

---

## Mobile payment apps

| App | Provider | QR | Features |
|-----|----------|-------|----------|
| Tigo Money | Millicom | Yes | Full wallet |
| Bi en Linea | Banco Industrial | Limited | Banking |
| Banrural | Banrural | Limited | Banking |

### Tigo Money Features
- Free P2P transfers
- QR code payments
- Remittance collection
- Bill payments
- Top-up purchases
- Balance recharge
- Package purchases

### Remittance Collection
- Nationwide agent network
- International partner integration
- Multiple corridors
- Quick availability

---

## Schemes

| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| [Tigo Money QR](https://docs.barcoder.ai/docs/payments/GT/tigo-money-qr) | Mobile QR | App | Active | — |
| [Bank apps](https://docs.barcoder.ai/docs/payments/GT/bank-apps) | Banking | Various | Growing | — |

## Sources

- [Tigo Money Guatemala](https://www.tigomoney.com/gt/)
- [Google Play - Tigo Money Guatemala](https://play.google.com/store/apps/details?id=gt.tigo.mfsapp)
- [App Store - Tigo Money Guatemala](https://apps.apple.com/gt/app/billetera-tigo-money-guatemala/id1012624408)
- [WalletGeo - Tigo Money Guatemala](https://digitalmoney.shiftthought.com/sage/RelWalletGeo_Wallet_Tigo+Cash_Geo_Country_GUATEMALA/)

## Full country report

[GT-guatemala.md](https://docs.barcoder.ai/docs/payments/GT)