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Mobile money in Sub-Saharan Africa as a share of the world 2019-2020

Sub-Saharan Africa mobile money figures as a share of the world in 2019 and 2020

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Release date

March 2021



Survey time period

2019 and 2020

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.

Data was rounded

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Statistics on "Mobile payment usage worldwide"

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