In 2021, the total value of mobile money transactions in Central Africa was around 50 billion U.S. dollars. This represented five percent of the total transaction value worldwide, which corresponded to one trillion U.S. dollars in the same year.
Mobile money is a service through which a customer can receive, store, send, and spend money via a mobile phone device. Several entities provide the service, such as, among others, telecom companies, mobile money operators, payments service providers, and banks.
Mobile money transaction value in Central Africa from 2020 to 2021
(in billion U.S. dollars)
According to the source, the value is processed via airtime top-ups, cash-ins, cash-outs, bill payments, bulk disbursements, international remittances, P2P transfers, and merchant payments.
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GSMA . (May 4, 2022). Mobile money transaction value in Central Africa from 2020 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/
GSMA . "Mobile money transaction value in Central Africa from 2020 to 2021 (in billion U.S. dollars)." Chart. May 4, 2022. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/
GSMA . (2022). Mobile money transaction value in Central Africa from 2020 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/
GSMA . "Mobile Money Transaction Value in Central Africa from 2020 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 May 2022, https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/
GSMA , Mobile money transaction value in Central Africa from 2020 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/ (last visited December 26, 2024)
Mobile money transaction value in Central Africa from 2020 to 2021 (in billion U.S. dollars) [Graph], GSMA , May 4, 2022. [Online]. Available: https://www.statista.com/statistics/1187450/mobile-money-transaction-value-in-central-africa/
