# Banco Popular Costa Rica

> Source: https://docs.barcoder.ai/docs/wallets/banco-popular-cr
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Banco Popular CR — official](https://www.bancopopular.fi.cr/)

## Overview

**Banco Popular Costa Rica** is **Costa Rican federal commercial bank for cooperative + community development** + **Costa Rican federal worker-owned cooperative bank** + **Costa Rican workers fully owned via mandatory 0.5% wage contribution** + **distinctive Costa Rican worker-cooperative banking model** <sup>[1][1], [Costa Rica report](https://docs.barcoder.ai/docs/payments/CR)</sup>.

## History

**Jul 11 1969 — Banco Popular y de Desarrollo Comunal founded as Costa Rican federal commercial bank for cooperative + community development** distinctive Costa Rican worker-cooperative banking heritage.

**2014 — Banco Popular CR Popular en Línea mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Banco Popular y de Desarrollo Comunal** (Costa Rican federal commercial bank; worker-owned cooperative).

**Major shareholders**: **Costa Rican workers fully owned (mandatory 0.5% wage contribution from Costa Rican workers; ~1.7M+ Costa Rican worker-owners as of 2025)**.

**Regulators**: **SUGEF Costa Rica + BCCR**.

## Technical integration

Popular en Línea mobile app (iOS + Android) + bancopopular.fi.cr online + Banco Popular CR branch network across Costa Rica + Banco Popular Visa + Mastercard cards; CR IBAN + SINPE + SINPE Móvil + SINPE TP.

## Implementations & partners

**Major Costa Rican banking + payments competitors**: [Banco Nacional de Costa Rica](https://docs.barcoder.ai/docs/wallets/banco-nacional-cr) (Banco Nacional de Costa Rica; Costa Rican federal commercial bank; Costa Rica's largest commercial bank by assets) + [BAC Credomatic Costa Rica](https://docs.barcoder.ai/docs/wallets/bac-cr) (BAC Credomatic Costa Rica; BAC Credomatic Central American banking group; Grupo Aval Colombian parent; Central America's largest banking group) + Banco de Costa Rica (Banco de Costa Rica; Costa Rican federal commercial bank) + Banco Cathay (Banco Cathay Costa Rica; Costa Rican commercial bank) + Banco Internacional de Costa Rica (Banco Internacional de Costa Rica BICSA; Costa Rican commercial bank; Costa Rican state-owned via Banco Nacional + Banco de Costa Rica JV) + [Davivienda + DaviPlata](https://docs.barcoder.ai/docs/wallets/davivienda) (Davivienda Costa Rica; Colombian Davivienda Costa Rican subsidiary post-2012 HSBC Costa Rica acquisition) + Scotiabank Costa Rica (Scotiabank Costa Rica; Scotiabank Canadian parent subsidiary) + Banco Promerica Costa Rica (Banco Promérica Costa Rica; Promerica Financial Corporation parent).

**Regulators**: SUGEF Costa Rica + BCCR.

## Status

**Active, Costa Rican federal commercial bank for cooperative + community development + Costa Rican federal worker-owned cooperative bank + Costa Rican workers fully owned via mandatory 0.5% wage contribution + distinctive Costa Rican worker-cooperative banking model** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bancopopular.fi.cr/ "Banco Popular CR — official"
[2]: https://en.wikipedia.org/wiki/Banco_Popular_y_de_Desarrollo_Comunal "Banco Popular CR — Wikipedia"
[cr-cro]: https://docs.barcoder.ai/docs/payments/CR

- [1] [Banco Popular CR — official][1]
- [2] [Banco Popular CR — Wikipedia][2]
- <sup>[Costa Rica report](https://docs.barcoder.ai/docs/payments/CR)</sup> In-corpus: `reports/countries/CR-costa-rica.md`

## Source

Biography extracted from [banco-popular-cr.md](https://docs.barcoder.ai/source/wallets/banco-popular-cr). See `matrix.md` for standards-support matrix if present.