ATMs in Cuba accept international chip cards.

international cards with chip can be used in ATMs CubaThis possibility aims to increase security in view of the increasing arrival of Tourists to the Island.

This option will make it possible to replace the example of the cards magnetic cards within the country, which are easier to counterfeit, including those cards American Visa and Mastercard (issued by benches out of United States), and the Chinese Union Pay card, according to statements by the technical director of the Central Bank of Cuba (BCC), Orestes Perdomo, cited by the New Herald.

This has as its ultimate goal the "evaluation of the possible future issuance of cards Cubans with a chip, which creates a unique and exclusive code for each transaction, thereby increasing security," the executive emphasized.

All of this is part of the diversification and modernization of banking on the island, where cash is used in most transactions and a culture of automatic payment systems is not yet prevalent.

The Mastercard cards can be used in Cuba since June 2016, a possibility that coincided with the increase in visits from Tourists that lived Cuba Following the gradual improvement of relations with the United States. Today, the Mastercard cards They are the most widely used of their kind on the island, with around 45 operations per month, according to the aforementioned executive.

Due to the strong restrictions of the blockade that United States has about Cuba, only the following can operate on the Island: Mastercard cards awarded by benches outside the territory of the United States, with the only exceptions being those issued by the benches Stonegate Bank of Florida and Banco Popular of Puerto Rico.