Biggest international and domestic payment card schemes in Nigeria 2019-2022

Published by
Doris Dokua Sasu,
Mar 14, 2024

As of 2022, local labels were the most popular for credit and debit cards in Nigeria. Moreover, about 30 percent of cardholders in Nigeria had a Mastercard, while some 18 percent owned a Visa. However, data on credit card penetration in Nigeria show that the share of people owning a credit card is quite low in the country.

Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2022

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Sources

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Release date

January 2024

Region

Nigeria

Survey time period

2019 to 2022

Special properties

Based on total transaction value, either online or offline

Supplementary notes

The figures have been gathered by Statista from several publications.

Percentage points exceeding or below 100 percent are probably due to rounding.

No numbers were provided from before 2019.

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Overview

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Payments

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E-Payments

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Cards

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Mobile money

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