As of 2023, the cross-country average weekly usage of digital payment services amounted to 40 percent, while 28 percent of individuals reported using them every day. Overall, instant payment systems are spread across Africa.
Cross-country average use of digital payment services in Africa as of 2023
The source defines Instant Payment Systems (IPS) as that which allow digital push payments through set procedures, making final funds available to the payee in the nearest real-time.
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AfricaNenda Foundation. (November 5, 2023). Cross-country average use of digital payment services in Africa as of 2023 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/
AfricaNenda Foundation. "Cross-country average use of digital payment services in Africa as of 2023." Chart. November 5, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/
AfricaNenda Foundation. (2023). Cross-country average use of digital payment services in Africa as of 2023. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/
AfricaNenda Foundation. "Cross-country Average Use of Digital Payment Services in Africa as of 2023." Statista, Statista Inc., 5 Nov 2023, https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/
AfricaNenda Foundation, Cross-country average use of digital payment services in Africa as of 2023 Statista, https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/ (last visited November 22, 2024)
Cross-country average use of digital payment services in Africa as of 2023 [Graph], AfricaNenda Foundation, November 5, 2023. [Online]. Available: https://www.statista.com/statistics/1463726/average-use-of-digital-payment-services-in-africa/
