Top payment methods in Seychelles: A guide on best ways to pay
Wondering what the most popular ways to pay are in Seychelles? Explore the top payment options and choose wisely.
Seychelles, with a population of around 102 thousand people, has a GDP of approximately 2.20 billion making it the 175th largest economy in the world. The official currency of Seychelles is the Seychellois Rupee (SCR)
The economy is heavily dependent on high-end tourism and industrial fishing. The European Union is a key market for both its tourism and its canned tuna exports.
| Country | Seychelles |
|---|---|
| Population | 102 thousand |
| GDP (USD) | 2.20 billion |
| Global Ranking | 175th |
| Currency | Seychellois Rupee (SCR) |
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What is the main payment method in Seychelles?
Physical cash, the Seychellois Rupee, is commonly used for daily transactions in Seychelles, especially in local shops and markets. In the tourism-driven economy, however, the primary payment method is the credit or debit card, which is widely accepted at hotels, restaurants, and by tour operators. For bill payments and business dealings, bank transfers are the standard.
How to pay in Seychelles
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 Seychelles.
| Payment Method | Description | Type |
|---|---|---|
| Wise | Wise provides international money transfer services. It is known for offering transparent, low-cost currency exchange rates and fast transfers. Wise uses the mid-market exchange rate and charges a small, upfront fee, making it a cost-effective alternative to traditional banks for sending money abroad. The platform also offers multi-currency accounts, allowing users to hold and manage money in multiple currencies. | Online/In-person |
| Cash (Seychellois Rupee) | Cash is a primary payment method, especially for smaller purchases and at local businesses. Euros and US Dollars are also sometimes accepted in tourist areas. | In-person |
| Cards (Visa/Mastercard) | Credit and debit cards are widely accepted in the tourism sector (hotels, restaurants, car rentals) and at major retailers. | Online/In-person |
| Bank Transfers | Direct bank transfers are a standard way to make larger payments and pay for services. | Online |
| Digital Wallets | Mobile wallets and payment apps from local banks and telcos are available for P2P transfers and some merchant payments. | Online/In-person |
Is PayPal available in Seychelles?
Yes, PayPal is accepted in Seychelles.
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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.
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