Payment methods in Nigeria

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Statista Dossier on payment methods in Nigeria

This Statista Dossier provides information on payment methods in Nigeria. The dossier focuses on e-payment and, in particular, on digital payments and mobile money. 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. The last chapter shows data on POS transactions, checks, transfers per mobile apps, and other e-payment methods. Overall, the different chapters contain figures on payment values and volumes as well as data on some service providers.

Table of contents

  • 1. Overview
    • Number of bank customers in Nigeria 2016-2019

    • Popularity of financial products or services in Nigeria 2020

    • Online payments by type in Nigeria 2020

    • Peer-to-peer payments in Nigeria 2020

    • Payments at points of sale by type in Nigeria 2020

  • 2. E-Payments
    • Volume of e-payment transactions in Nigeria 2019, by channel

    • Monthly value of e-payment transactions in Nigeria 2020

    • E-payments transaction efficiency rate in Nigeria 2020

    • Distribution of online payment methods in Nigeria 2020

    • Share of payments with e-wallet in Nigeria 2020, by leading service

  • 3. Cards
    • Credit card penetration in Africa 2020, by country

    • Credit card penetration forecast in Nigeria 2010-2025

    • Debit card penetration forecast in Nigeria 2010-2025

    • Distribution of credit and debit cards scheme in Nigeria 2020

  • 4. Mobile money
    • Number of mobile money customers in Nigeria 2016-2019

    • Number of mobile money agents in Nigeria 2016-2019

    • Transaction value of mobile money operations in Nigeria 2016-2019

    • Transaction volume of mobile money operations in Nigeria 2016-2019

    • Number of licensed MMOs in Nigeria 2016-2019

  • 5. Other
    • Number of check payments issued in Nigeria 2015-2019

    • Mean value of checks in Nigeria 2016-2019

    • Value of POS transactions in Nigeria 2015-2019

    • Monthly value of money transfers per mobile app in Nigeria 2020

    • Monthly value of NEFT payments in Nigeria 2020

    • Monthly value of RTGS transfer payments in Nigeria 2020

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