Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Dominican Republic.
Yes, PayPal is accepted in Dominican Republic.
Wondering what the most popular ways to pay are in Dominican Republic? Explore the top payment options and choose wisely.
Dominican Republic, with a population of around 10.89 million people, has a GDP of approximately 127.83 billion making it the 63rd largest economy in the world. The official currency of Dominican Republic is the Dominican Peso (DOP)
The economy is driven by services, especially tourism and free trade zone manufacturing. It is part of the Central America Free Trade Agreement (CAFTA-DR), which facilitates significant trade with the United States.
In urban centers and tourist areas of the Dominican Republic, credit and debit cards are a widely used and accepted payment method. However, physical cash, the Dominican Peso, remains the dominant method for everyday expenses, public transportation, and within the large informal economy. For bill payments and peer-to-peer transfers, mobile banking apps that facilitate direct bank transfers are very popular.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.