As of June 2023, 41 percent of micro, small, and medium-sized enterprises (MSMEs) used digital payments daily. The daily usage was highest among small enterprises, at 47 percent. Weekly usage among all types of MSMEs ranged from 26 to 30 percent, with an overall average of 28 percent. Furthermore, micro-enterprises were more likely to use digital payments monthly (40 percent) rather than weekly or daily.
Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023
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AfricaNenda Foundation. (November 8, 2023). Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/
AfricaNenda Foundation. "Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023." Chart. November 8, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/
AfricaNenda Foundation. (2023). Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/
AfricaNenda Foundation. "Frequency of Digital Payment Usage among Micro, Small, and Medium-sized Enterprises (Msmes) in Africa in 2023." Statista, Statista Inc., 8 Nov 2023, https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/
AfricaNenda Foundation, Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023 Statista, https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/ (last visited November 23, 2024)
Frequency of digital payment usage among micro, small, and medium-sized enterprises (MSMEs) in Africa in 2023 [Graph], AfricaNenda Foundation, November 8, 2023. [Online]. Available: https://www.statista.com/statistics/1464492/frequency-of-digital-payment-usage-per-msme-user-group-in-africa/