The country’s shift toward cashless payments is accelerating rapidly, with person-to-person (P2P) digital transfers surging from $1.8billion in June last year to $2.4b in June this year, according to the Reserve Bank of Fiji’s 2025 annual report.
The bank said the $600million increase — a jump of more than one-third — reflected the deepening use of digital wallets, boosted by strong inward remittances and wider acceptance of mobile payment platforms nationwide.
The report shows e-money in circulation climbed to $118.5m by June 2025, up from $94.8m a year earlier, with an average of $108m circulating monthly.
While total registered e-money users fell by 7.4 per cent to 875,644, the number of active users grew by 6 per cent to 694,938 — indicating more engaged, frequent users.
International remittances flowing directly into digital and mobile wallets grew by 25.6 per cent to $692.5m, primarily from Australia, the United States, New Zealand and the United Kingdom.
Payment service providers also processed sharply higher transaction volumes, with total transactions rising 84.9 per cent to $990.5m, more than half of which — 55.1 per cent — were completed via QR codes.
Meanwhile, the Government-regulated e-Transport system recorded a downturn, with total transactions falling 25.9 per cent to $261.3m during the year.
