Annual adoption of cash (POS) by consumers in Africa 2023, by country
As of 2023, the share of cash transactions at Point-of-Sale (POS) in Kenya stood at 84 percent, the highest among the African countries observed. In Morocco and Nigeria, the share of respondents using this payment method reached 77 percent and 76 percent, respectively. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to a rolling 12-month share of respondents who indicated they used cash to make transactions.