Get in touch
Get in touch

Tigo Money

Tigo Money is the mobile money brand of the telco Millicom in Latin America.

Users can load their Tigo Money accounts at agent locations and participating banks nationwide and can then make money transfers, buy mobile phone top-up, purchase goods and services or pay bills.

The service works on both basic feature phones and on smartphone via an app. 

Discover 450+ payment services

Explore the payment methods
We currently don’t offer this payment method. Get in touch to see what other options we have. Get in touch
Type Wallet
Company behind LPM Millicom
Market share details In February 2019, Millicom announced the acquisition of leading mobile assets in Costa Rica, Nicaragua and Panama. Bolivia: high; around 500,000 users have a Tigo Money account. Colombia: high; TigoUne supplies around 11.5 m mobile lines in Colombia. Costa Rica: high; in February 2019, Millicom acquired Telefónica de Costa Rica TC, S.A., making it the #2 mobile operator in a three-player market with 2.4 m customers. El Salvador: high; Tigo is the market leader in El Salvador. More than 50% of adults have a Tigo mobile account and 1 m use Tigo Money. Guatemala: high; more than 50% of adults have a Tigo mobile account and around 600,000 are active financial services uers. Honduras: high. Nicaragua: high; in February 2019, Millicom acquired Telefonía Celular de Nicaragua, S.A., making it the #1 mobile operator in a two-player market with 4.7 m customers. Panama: high; in February 2019, Millicom acquired Telefónica Móviles Panamá, S.A., making it the #1 mobile operator in a four-player market with 1.6 m customers. Paraguay: high; more than 50% of adults have a Tigo mobile account and 2.2 m use Tigo Money.
Market relevance High
Regions
South & Central America
Countries
Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua + 2
Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay

E-commerce and payments insights by country

Discover how the world pays for things by exploring our e-commerce reports. We have one for almost every country on the planet.

United Kingdom United States Germany
We have 100+ countries

Regional payment guides

Interested in e-commerce reports by region

Dive into our regional data. Each one contains a mix of e-commerce and shopping behaviour insights.

Asia Pacific Eastern Europe & the CIS Western & Central Europe North America South & Central America Middle East & Africa
Sales-more-questions-component

Got a question?

The friendly folks in our Sales Team will be happy to help, whether you’ve got a question about an e-commerce market or want to know more about what we can do for your business.

Contact our Sales Team