In 2020, the total volume of mobile money transactions in Central Africa corresponded to 2.2 billion. This represented around five percent of the total transactions worldwide, which amounted to 37.1 billion as of 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 volume in Central Africa in 2020
(in billions)
According to the source, the volume is processed via airtime top-ups, cash-ins, cash-outs, bill payments, bulk disbursements, international remittances, P2P transfers, and merchant payments.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
GSMA . (May 4, 2021). Mobile money transaction volume in Central Africa in 2020 (in billions) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/
GSMA . "Mobile money transaction volume in Central Africa in 2020 (in billions)." Chart. May 4, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/
GSMA . (2021). Mobile money transaction volume in Central Africa in 2020 (in billions). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/
GSMA . "Mobile Money Transaction Volume in Central Africa in 2020 (in Billions)." Statista, Statista Inc., 4 May 2021, https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/
GSMA , Mobile money transaction volume in Central Africa in 2020 (in billions) Statista, https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/ (last visited December 22, 2024)
Mobile money transaction volume in Central Africa in 2020 (in billions) [Graph], GSMA , May 4, 2021. [Online]. Available: https://www.statista.com/statistics/1187505/mobile-money-transaction-volume-in-central-africa/