A2A payments in the Middle East and Africa focus around Nigeria and South Africa, while market shares are lower in Saudi Arabia and the UAE. This is according to a market model that was repeated over several years for different individual countries across the Middle East and Africa. The source did not add other countries besides the four listed here. It adds that real-time payments are likely to keep developing account-to-account payments in the next years. For a country like Nigeria, for example, this may refer to the Nigeria Inter-Bank Settlement System, or NIBSS, system - one of the largest real-time (instant) payment systems in the world.
Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027
Africa, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, MENA
Survey time period
March 2024
Special properties
C2B payments only, no information was provided for P2P; The figures have been gathered by Statista from several publications. For more information, see the “Details” tab; All figures are estimates, and have likely been rounded by the source.
Supplementary notes
The figures provided come from various reports, and refer exclusively to the share of “bank transfer” (for push transactions) and “direct debit” (for pull transactions) up to 2022 in overall e-commerce payment methods used. The source combined the two payment methods together in “A2A” in 2023. Note the following, however:
All figures provided concern C2B, or consumer-to-business, only. The source explicitly states this. A2A payments are typically associated with P2P, or consumer-to-consumer payments. C2B is said to be only recently catching on to the trend that P2P started;
No figures were available for 2018, as the source skipped a year in its reporting;
The source did not report figures for Europe or MEA (Middle East, Africa) in all years, as it had first put the two regions together in EMEA;
Some countries were added later to the reporting. Chile and Saudi Arabia, for example, did not have figures in 2016;
The source rounded all the figures and did not provide specifics. Possibly, some countries with a market share between 0 and 0.5 percent were rounded down – and excluded from an entry;
The source did not any provide forecasts for individual countries. It only did so for three countries in Asia-Pacific;
No figures were available for Russia in 2022 due to the war in Ukraine;
The source included Mexico within the Latin America region, and excluded it from North America.
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Worldpay, & Statista. (March 21, 2024). Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/
Worldpay, und Statista. "Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027." Chart. March 21, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/
Worldpay, Statista. (2024). Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/
Worldpay, and Statista. "Market Share of Account-to-account (A2a) Payments in Domestic E-commerce Payments in Four Countries and Territories in The Middle East, Africa (Mea) from 2016 to 2023, with a Forecast for 2027." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/
Worldpay & Statista, Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027 Statista, https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/ (last visited November 22, 2024)
Market share of account-to-account (A2A) payments in domestic e-commerce payments in four countries and territories in the Middle East, Africa (MEA) from 2016 to 2023, with a forecast for 2027 [Graph], Worldpay, & Statista, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/1475292/mea-a2a-payments-market-share-by-country/