Tuvalu unveils first cash machines in 'momentous' ceremony

Tiny cash-based Pacific nation gets electronic banking for the first time.

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Their instalment marks the first time the island's 11,000 inhabitants have had access to electronic banking.

Five machines and 30 sale terminals have been installed on Funafuti, the country's main island, including at its airport.

Feleti Teo, the prime minister, said the move "not only marks a momentous occasion but it is also historic as the bank moves into a totally new era".

"We've been in an analogue space all along, these were dreams for us," Teo said according to the Guardian.