The source defines Instant Payment Systems (IPS) as that which allow digital push payments through set procedures, making final funds available to the payee in the nearest real-time.
Total IPS comprise bank IPS, mobile money IPS, cross-domain IPS, and sovereign currency IPS.
The data in the graph is only showing domestic IPS's.
The listed regions comprise the following countries: East Africa: Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Rwanda, Tanzania, and Uganda.Â
Southern Africa: Angola, Lesotho, Mozambique, South Africa, Zambia, and Zimbabwe.Â
ECOWAS (West Africa): Ghana, the Gambia, and Nigeria.
North Africa: Egypt, Morocco, and Tunisia.Â
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Total number of instant payment systems (IPS) in Africa 2024, by region
A survey conducted in 2024 counted a total of ** instant payment systems (IPS) in Africa, the majority of which were in East Africa. Moreover, Southern Africa had instant payment systems, while *** of such were registered in West Africa. According to the source, instant payment systems refer to transactions across domains and through banks, mobile money, and sovereign currency.
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ÌÇÐÄÆƽâ°æ. (February 18, 2025). Total number of instant payment systems (IPS) in Africa as of 2024, by region [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/
ÌÇÐÄÆƽâ°æ. "Total number of instant payment systems (IPS) in Africa as of 2024, by region." Chart. February 18, 2025. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/
ÌÇÐÄÆƽâ°æ. (2025). Total number of instant payment systems (IPS) in Africa as of 2024, by region. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/
ÌÇÐÄÆƽâ°æ. "Total Number of Instant Payment Systems (Ips) in Africa as of 2024, by Region." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 18 Feb 2025, /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/
ÌÇÐÄÆƽâ°æ, Total number of instant payment systems (IPS) in Africa as of 2024, by region ÌÇÐÄÆƽâ°æ, /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/ (last visited August 04, 2026)
Total number of instant payment systems (IPS) in Africa as of 2024, by region [Graph], ÌÇÐÄÆƽâ°æ, February 18, 2025. [Online]. Available: /statistics/1461280/total-number-of-instant-payment-systems-in-africa-by-region/
