Frequency of digital payment usage per MSME user groups in Africa 2023
As of June 2023, 41 percent of micro, small, and medium-sized enterprises (MSMEs) used digital payments daily. The daily usage was highest among small enterprises, at 47 percent. Weekly usage among all types of MSMEs ranged from 26 to 30 percent, with an overall average of 28 percent. Furthermore, micro-enterprises were more likely to use digital payments monthly (40 percent) rather than weekly or daily.