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Link to original content: http://statista.com/statistics/1405174/revenue-growth-from-electronic-payments-market-in-africa/
Africa: electronic payments market 2025 | Statista

Revenue growth from electronic payments in Africa 2020-2025

Published by
Natalie Cowling,
Jun 30, 2024

By the year 2025, revenue from offline and online electronic payments in Africa is expected to grow by 152 percent. A total of about 15 billion U.S. dollars was reported in 2020, and is predicted to increase to around 39 billion U.S. dollars in 2025. Offline payments are largely the preferred method of payment.

Revenue growth from electronic payments in Africa from 2020 to 2025 (in billion U.S. dollars)

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Release date

September 2022

Region

Africa

Survey time period

2020 to 2025

Supplementary notes

Electronic payments include mobile cards, credit transfers, and direct debits. 

At fixed US dollar exchange rates for the entire time series.

Offline and online payments include electronic transfers, cards and wallets.

Online wallet transactions include all non-CICO (cash-in, cash-out) transactions.

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Regional overview

6

Banking and instant payments

5

Cash and card payments

6

Mobile and internet payments

7

Payment behaviour

7

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Topics

Payment methods in AfricaMobile payments in the United StatesDigital payments in ChinaPayment methods in NigeriaMobile payments in the UK
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