Payment methods in Nigeria

Statistics report on payment methods in Nigeria

Payment methods in Nigeria

This report provides information on payment methods in Nigeria. It focuses on e-payment and, in particular, digital payments and mobile money. It includes POS transactions, checks, transfers per mobile apps, mobile money, card payments, and other methods. Mobile money allows a customer to receive, store, and spend money using a mobile phone, a financial service that is very popular across the whole African continent. Overall, the different chapters contain figures on payment values and volumes as well as data on some service providers.

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Table of contents

Overview

5
  • Premium Forecast Population share with banking account in Nigeria 2014-2029
  • Premium Statistic Popularity of financial products or services in Nigeria 2024
  • Premium Forecast Most common online payments by type in Nigeria 2023
  • Premium Forecast Peer-to-peer payments in Nigeria 2023
  • Premium Forecast Payments at points of sale by type in Nigeria 2023

Payments

8
  • Premium Statistic Most popular in-store, or POS, payment methods in Nigeria 2017-2022
  • Premium Statistic Share of purchase using digital and mobile wallet in Nigeria 2020-2022. by modality
  • Premium Statistic Annual value of checks in Nigeria 2018-2020
  • Premium Statistic Value of POS transactions in Nigeria 2017-2023
  • Premium Statistic Monthly value of money transfers per mobile app in Nigeria 2021
  • Premium Statistic Monthly value of NEFT payments in Nigeria 2021
  • Premium Statistic Monthly value of RTGS transfer payments in Nigeria 2020
  • Premium Statistic Monthly value of USSD transfer payments in Nigeria 2020

E-Payments

7
  • Premium Statistic Distribution of payment methods in e-commerce in Nigeria 2022
  • Premium Forecast Penetration rate of online banking in Nigeria 2014-2029
  • Premium Statistic Volume of e-payment transactions in Nigeria 2020, by channel
  • Premium Statistic Monthly value of e-payment transactions in Nigeria 2020
  • Premium Statistic Distribution of online payment methods in Nigeria 2023
  • Premium Statistic Share of payments with e-wallet in Nigeria 2020, by leading service
  • Premium Statistic Monthly value of online transfer payments in Nigeria 2020

Cards

4
  • Premium Forecast Credit card penetration in Africa 2020, by country
  • Premium Forecast Penetration rate of credit cards in Nigeria 2014-2029
  • Premium Forecast Penetration rate of debit cards in Nigeria 2014-2029
  • Premium Statistic Biggest international and domestic payment card schemes in Nigeria 2019-2022

Mobile money

5
  • Premium Statistic Monthly value of MMOs transfer payments in Nigeria 2020
  • Premium Statistic Population with mobile money accounts in Nigeria 2019-2024
  • Premium Statistic Number of mobile money customers in Nigeria 2016-2019
  • Premium Statistic Number of mobile money agents in Nigeria 2016-2019
  • Premium Statistic Number of licensed MMOs in Nigeria 2016-2019
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FURTHER REPORTS

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