Countries › Dominican Republic › Guide › 10. Capital markets and finance › Payments, fintech, crowdfunding and virtual assets in the Dominican Republic
Payments, fintech, crowdfunding and virtual assets in the Dominican Republic
Last verified: 2026-10-30 · Status: Changing
Payment firms fall under the Reglamento de Sistemas de Pago as revised in 2025: authorization for operators, acquirers and e money firms, registration for wallets and initiators, with capital of RD$9 million to RD$75.1 million. Regulated payment firms may not offer virtual asset products. Crypto is not legal tender or regulated, and crowdfunding exists only through securities rules.
USD figures use the Banco Central de la República Dominicana reference selling rate of RD$60.9007 per US dollar for 29 October 2026, rounded to the cent.
Key facts
| Payment firm registration | Yes: authorization or Banco Central registration textResolución JM 250828-02, as of 2026-10-30 · in force |
|---|---|
| Electronic payment entity capital | 18790000 DOPResolución JM 250828-02 art. 15, as of 2025-10-21 · in force |
| E money account limit, individual | 75200 DOPResolución JM 250828-02 art. 21, as of 2025-10-21 · in force |
| Crypto legal tender | No textDGII Consulta G.L. 3667, as of 2023-10-10 · in force |
| Reference selling rate used for USD conversions | 60.9007 DOP per USDBanco Central reference rate, as of 2026-10-29 · in force |
The rule
1. The revised regulation replaced the 2021 text and was published on 21 October 2025.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 98; Resolution ordinal 2, 2025-08-28 official text · verified 2026-10-30 · changed: Modificación integral approved on 28 August 2025 and published 21 October 2025, adding wallet and payment initiation registers and test environments.
2. Payment or securities settlement system administrators need Junta Monetaria authorization through the Banco Central and capital of RD$75,146,000 per system, adjusted yearly.
Cost to do it: RD$75,146,000 (US$1,233,910.28)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 7 literal e, 2025-08-28 official text · verified 2026-10-30
Cost to do it: RD$75,146,000 (US$1,233,910.28)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 7 literal e, 2025-08-28 official text · verified 2026-10-30
3. Electronic payment entities need capital of RD$18,790,000.
Cost to do it: RD$18,790,000 (US$308,535.04)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 15 literal b, 2025-08-28 official text · verified 2026-10-30
Cost to do it: RD$18,790,000 (US$308,535.04)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 15 literal b, 2025-08-28 official text · verified 2026-10-30
4. Acquirers need capital of RD$75,146,000.
Cost to do it: RD$75,146,000 (US$1,233,910.28)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 28 literal b, 2025-08-28 official text · verified 2026-10-30
Cost to do it: RD$75,146,000 (US$1,233,910.28)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 28 literal b, 2025-08-28 official text · verified 2026-10-30
5. Sub acquirers, ATM network administrators and digital wallet providers register with the Banco Central, and each needs capital of RD$18,790,000.
Cost to do it: RD$18,790,000 (US$308,535.04)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 32, art. 34 and art. 36, 2025-08-28 official text · verified 2026-10-30
Cost to do it: RD$18,790,000 (US$308,535.04)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 32, art. 34 and art. 36, 2025-08-28 official text · verified 2026-10-30
6. Payment initiation providers register with capital of RD$9,000,000.
Cost to do it: RD$9,000,000 (US$147,781.55)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 38 literal b, 2025-08-28 official text · verified 2026-10-30
Cost to do it: RD$9,000,000 (US$147,781.55)Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 38 literal b, 2025-08-28 official text · verified 2026-10-30
7. E money accounts may not hold a balance above RD$75,200 for individuals over any 30 days, three times that for individuals with a business and four times for companies. Bank clients may exceed it where diligence supports it.
Example: RD$75,200 / US$1,234.80Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 21, 2025-08-28 official text · verified 2026-10-30
Example: RD$75,200 / US$1,234.80Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 21, 2025-08-28 official text · verified 2026-10-30
8. Each holder may have only one e money account per entity.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 21 paragraph I, 2025-08-28 official text · verified 2026-10-30
9. Prepaid cards may not exceed RD$75,200 in balance, with the same diligence exception for bank clients.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 78 paragraph II, 2025-08-28 official text · verified 2026-10-30
10. Operators, e money entities, acquirers, sub acquirers, ATM networks, wallets and payment initiators must not offer products or services based on virtual assets.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 11 literal v; art. 17 literal w; art. 31 literal t; art. 33 literal l; art. 35 literal p; art. 37 literal j; art. 39 literal l, 2025-08-28 official text · verified 2026-10-30
11. Licensed providers testing a new product with other providers or outside users must get Banco Central non objection for a test environment.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 83, 2025-08-28 official text · verified 2026-10-30
12. Acquirers serving merchants abroad for locally issued instruments need Banco Central non objection.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 30, 2025-08-28 official text · verified 2026-10-30
13. Transfers by the instant service must reach the recipient participant's account within four minutes, and beneficiaries may not be charged for transfers.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 57 and art. 81, 2025-08-28 official text · verified 2026-10-30
14. Existing wallet and initiation providers and others had up to 120 calendar days from entry into force to apply.Reglamento de Sistemas de Pago, Resolución JM 250828-02, art. 90 to art. 94, 2025-08-28 official text · verified 2026-10-30
15. DGII, citing Banco Central communiqués of 27 June 2017 and 30 September 2021, states that virtual assets are not regulated, supervised or legally protected, are not foreign exchange, and are not legal tender, and that they are not supervised by the securities regulator.DGII Consulta G.L. 3667, text, 2023-10-10 official text · verified 2026-10-30
16. DGII holds that amounts in a crypto wallet converted into recognized money are taxable income under the Código Tributario.DGII Consulta G.L. 3667, text, 2023-10-10 official text · verified 2026-10-30
17. The Consejo Nacional del Mercado de Valores approved a regulation for investment crowdfunding through public offering securities, R-CNMV-2025-27-MV.R-CNMV-2025-27-MV, whole resolution, 2025-12-09 official text · verified 2026-10-30 · changed: New regulation listed by the regulator on 20 January 2026; its text was not retrievable at verification, so limits are not stated here.
| Activity | Route | Minimum capital (RD$) | USD |
|---|---|---|---|
| Payment system administrator, per system | Authorization | 75,146,000 | US$1,233,910.28 |
| Acquirer | Authorization | 75,146,000 | US$1,233,910.28 |
| Electronic payment entity | Authorization | 18,790,000 | US$308,535.04 |
| Sub acquirer | Registration | 18,790,000 | US$308,535.04 |
| ATM network administrator | Registration | 18,790,000 | US$308,535.04 |
| Digital wallet provider | Registration | 18,790,000 | US$308,535.04 |
| Payment initiation provider | Registration | 9,000,000 | US$147,781.55 |
Resolución JM 250828-02 art. 7, 15, 28, 32, 34, 36 and 38; amounts adjusted yearly
Worked example
- An individual with a business may hold up to RD$225,600 (US$3,704.39) in an e money account (three times RD$75,200 (US$1,234.80)), and a company RD$300,800 (US$4,939.19) (four times).
Step by step
- Map the activity to a category: wallet, initiation, acquiring, sub acquiring or e money.
- Form an S.A. or S.A.S. and show the capital.
- Apply or register at the Banco Central.
- Comply with AML, security and trace rules.
- Use a test environment for a new product.
Common traps
- Licensed payment firms cannot touch virtual assets, so a crypto feature can cost the licence.
- Capital and limits are adjusted yearly by the Junta Monetaria, so check the latest figure.
- A token sold to the public can still count as a public offering under Ley 249-17 art. 48.
- Crowdfunding limits seen in commentary were not verified against the official text and are omitted.
- No official crypto licence was found. A bill was reported, but its status could not be verified.
Sources
Related pages
- finance/public-offerings-and-listings
- fx/exchange-intermediaries-and-remittance-agents
- finance/financial-consumer-protection-and-credit-bureaus
- start/who-regulates-what
Related: Dominican Republic country profile · live dashboard · central bank and release calendar · our posts on X
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