Payment methods in Africa

Statistics report on payment methods in Africa

Payment methods in Africa

This report illustrates data on payment methods in Africa. First, it gives an overview of the topic, including information on electronic and instant payments in Africa. Furthermore, it provides information on digital, card, mobile, and cash payments in the continent. Lastly, data on banking in Africa is given.

Table of contents

Overview

6
  • Premium Statistic Number of users of e-commerce in Africa 2019-2029
  • Premium Statistic Most popular online payment methods in 5 countries in Africa 2022
  • Premium Statistic Total number of instant payment systems (IPS) in Africa 2023, by country
  • Premium Statistic Volume of instant payment system (IPS) transactions in Africa 2018-2022
  • Premium Statistic Revenue growth from electronic payments in Africa 2020-2025
  • Premium Statistic African countries with highest values of remittances received as share of GDP 2022

Digital payments

5
  • Premium Statistic Average use of digital payment services in Africa 2023
  • Premium Statistic Population making a digital payment in Africa 2024, by country
  • Premium Statistic Frequency of digital payment services usage in Africa 2023
  • Premium Statistic Weekly users of digital payment services in Africa 2022, by country
  • Premium Statistic Frequency of digital payment usage per MSME user groups in Africa 2023

Card payments

5
  • Premium Statistic Number of digital payments worldwide 2013-2021 with forecasts to 2027, by region
  • Premium Forecast Penetration rate of credit cards in Africa 2014-2029
  • Premium Statistic Credit card market share in POS and e-commerce in 4 countries in MEA in 2023
  • Premium Forecast Penetration rate of debit cards in Africa 2014-2029
  • Premium Statistic Biggest merchant acquirers in MEA 2017-2022, based on number of transactions

Mobile payments

6
  • Premium Statistic Internet users using mobile payment methods in Africa 2023, by country
  • Premium Statistic Mobile money accounts in Africa 2022
  • Premium Statistic Gender gap in mobile money account ownership in Africa 2021, by country
  • Premium Statistic Mobile money transactions in Africa 2020-2022
  • Premium Statistic Mobile money transactions in Sub-Saharan Africa 2022
  • Premium Statistic Mobile e-commerce share in Africa 2020-2022, by country

Cash payments: country focus

6
  • Premium Statistic Currency in circulation in Africa 2021-2024, by country
  • Premium Statistic Annual adoption of cash by consumers, online or offline, in Egypt 2020-2023
  • Premium Statistic Annual adoption of cash by consumers, online or offline, in Kenya 2019-2023
  • Premium Statistic Annual adoption of cash by consumers, online or offline, in Morocco 2018-2023
  • Premium Statistic Annual adoption of cash by consumers, online or offline, in Nigeria 2018-2023
  • Premium Statistic Quarterly adoption of cash by consumers, online or offline, in South Africa 2018-2023

Banking

6
  • Premium Forecast Population share with banking account in Africa 2014-2029
  • Premium Statistic Number of bank customers in Africa 2023, by key financial institution
  • Premium Statistic Banking revenue in Africa 2012-2022
  • Premium Forecast Penetration rate of online banking in Africa 2014-2029
  • Premium Forecast ATM number in Africa 2020, by country
  • Premium Statistic Number of credit institution ATMs in West Africa 2022, by country

Statista report shop

Explore all Statista reports

We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)