Account-to-account (bank transfer) was the most common payment method chosen when shopping online in Nigeria in 2023. That year, bank transfers held 32 percent of all payments in e-commerce in the country. Debit card followed with 19 percent of the online payments, while credit cards and cash on delivery made up 15 percent of the payments each.
Distribution of payment methods in e-commerce in Nigeria as of 2023
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Worldpay. (March 21, 2024). Distribution of payment methods in e-commerce in Nigeria as of 2023 [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed
Worldpay. "Distribution of payment methods in e-commerce in Nigeria as of 2023." Chart. March 21, 2024. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed
Worldpay. (2024). Distribution of payment methods in e-commerce in Nigeria as of 2023. Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed
Worldpay. "Distribution of Payment Methods in E-commerce in Nigeria as of 2023." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed
Worldpay, Distribution of payment methods in e-commerce in Nigeria as of 2023 Statista, https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed (last visited February 18, 2025)
Distribution of payment methods in e-commerce in Nigeria as of 2023 [Graph], Worldpay, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1270451/distribution-of-payment-methods-in-e-commerce-in-nigeria/?__sso_cookie_checker=failed