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Mobile money transactions in Sub-Saharan Africa 2020

Value and volume of mobile money transactions in Sub-Saharan Africa compared to the world in 2020

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Release date

March 2021



Survey time period


Supplementary notes

Mobile money is a service through which a customer is able to receive, store, send, and spend money via a mobile phone device. Several entities provide the service, like telecom companies, mobile money operators, payments service providers, banks, etc.

According to the source, both the value and volume are processed via airtime top-ups, cash-ins, cash-outs, bill payments, bulk disbursements, international remittances, P2P transfers, and merchant payments.

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