Mobile money registered accounts in Sub-Saharan Africa 2016-2019

Number of mobile money registered accounts in Sub-Saharan Africa and globally from 2016 to 2019

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Source

Release date

March 2020

Region

Africa

Survey time period

2016 to 2019

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.

The figures have been taken from several publications.

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