As of 2023, Mastercard was the most popular for credit and debit cards in Nigeria. Moreover, about 27 percent of cardholders in the country had a Visa card, while 20 percent was directed towards local labels. However, data on credit card penetration in Nigeria show that the share of people owning a credit card is quite low in the country.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023
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PPRO, & Statista, & Worldpay. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023 [Graph]. In Statista. Retrieved March 13, 2025, from https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/
PPRO, und Statista, und Worldpay. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023." Chart. January 1, 2024. Statista. Accessed March 13, 2025. https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/
PPRO, Statista, Worldpay. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023. Statista. Statista Inc.. Accessed: March 13, 2025. https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/
PPRO, and Statista, and Worldpay. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in Nigeria from 2019 to 2023." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/
PPRO & Statista & Worldpay, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023 Statista, https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/ (last visited March 13, 2025)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in Nigeria from 2019 to 2023 [Graph], PPRO, & Statista, & Worldpay, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1175891/distribution-of-credit-and-debit-cards-scheme-in-nigeria/
