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.
The source reports that there is missing data from four IPS around Africa. Therefore, the volume could be underestimated.
Citation formats
Volume of instant payment system (IPS) transactions in Africa 2019-2024
According to a survey, some **** billion instant payment system (IPS) transactions were carried out in Africa in 2024. This continued the steady yearly increase in transaction volume visible since 2019. That year, just over **** billion transactions were registered on the continent.
Overall, instant payment systems (IPS) are used across the different regions of Africa. According to the source, they refer to transactions across domains and through banks, mobile money, and sovereign currency.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
AfricaNenda Foundation. (November 21, 2025). Total volume of instant payment system (IPS) transactions in Africa from 2019 to 2024 (in billions) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/
AfricaNenda Foundation. "Total volume of instant payment system (IPS) transactions in Africa from 2019 to 2024 (in billions)." Chart. November 21, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/
AfricaNenda Foundation. (2025). Total volume of instant payment system (IPS) transactions in Africa from 2019 to 2024 (in billions). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/
AfricaNenda Foundation. "Total Volume of Instant Payment System (Ips) Transactions in Africa from 2019 to 2024 (in Billions)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Nov 2025, /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/
AfricaNenda Foundation, Total volume of instant payment system (IPS) transactions in Africa from 2019 to 2024 (in billions) ÌÇÐÄÆƽâ°æ, /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/ (last visited July 30, 2026)
Total volume of instant payment system (IPS) transactions in Africa from 2019 to 2024 (in billions) [Graph], AfricaNenda Foundation, November 21, 2025. [Online]. Available: /statistics/1461289/annual-volume-of-instant-payment-transactions-in-africa/
