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Mobile money transaction volume in Central Africa in 2020 (in billions)

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Source

Release date

2021

Region

Africa

Survey time period

2020

Supplementary notes

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.

Citation formats

Mobile money transaction volume in Central Africa 2020

Published by ÌÇÐÄÆƽâ°æ Research Department, May 4, 2021
In 2020, the total volume of mobile money transactions in Central Africa corresponded to *** billion. This represented around five percent of the total transactions worldwide, which amounted to **** 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.
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