In the financial year 2018/2019, M-Pesa was the leading digital payment platform in Africa. In the same year, M-Pesa counted 11 billion transactions, which was more than card payments with African cards and PayPal transactions. M-Pesa is a mobile money service launched by Vodafone. As of 2020, M-Pesa operated in seven countries across Africa. Mobile money allows a customer to receive, store, and spend money using a mobile phone. The service can be provided by banks, mobile money operators (MNOs), telecom companies, payment service providers, or similar.
Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019
(in billions)
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Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019
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Vodafone. (March 1, 2019). Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019 (in billions) [Graph]. In Statista. Retrieved March 14, 2025, from https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/
Vodafone. "Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019 (in billions)." Chart. March 1, 2019. Statista. Accessed March 14, 2025. https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/
Vodafone. (2019). Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019 (in billions). Statista. Statista Inc.. Accessed: March 14, 2025. https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/
Vodafone. "Transaction Volume of Selected Digital Payment Platforms in Africa in The Financial Year 2018/2019 (in Billions)." Statista, Statista Inc., 1 Mar 2019, https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/
Vodafone, Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019 (in billions) Statista, https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/ (last visited March 14, 2025)
Transaction volume of selected digital payment platforms in Africa in the financial year 2018/2019 (in billions) [Graph], Vodafone, March 1, 2019. [Online]. Available: https://www.statista.com/statistics/1190432/transaction-volume-of-digital-payment-platforms-in-africa/
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