The source defines Instant Payment Systems (IPS) as those that allow digital push payments through set procedures, making final funds available to the payee in the nearest real-time.
Total IPS comprises bank IPS, mobile money IPS, cross-domain IPS, and sovereign currency IPS.
Citation formats
Total number of instant payment systems (IPS) in Africa 2023, by country and IPS type
Nigeria had the highest number of instant payment systems (IPS) in Africa. In 2023, the country counted IPS, a mobile money, cross-domain, and a sovereign currency IPS. Egypt, Ghana, Kenya, Morocco, South Africa, and Tanzania followed with *** IPS each.
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 ÌÇÐÄÆÆ½â°æ can support your business.
ÌÇÐÄÆÆ½â°æ. (April 24, 2024). Total number of active instant payment systems (IPS) in Africa as of 2023, by country and IPS type [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/
ÌÇÐÄÆÆ½â°æ. "Total number of active instant payment systems (IPS) in Africa as of 2023, by country and IPS type." Chart. April 24, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/
ÌÇÐÄÆÆ½â°æ. (2024). Total number of active instant payment systems (IPS) in Africa as of 2023, by country and IPS type. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/
ÌÇÐÄÆÆ½â°æ. "Total Number of Active Instant Payment Systems (Ips) in Africa as of 2023, by Country and Ips Type." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Apr 2024, /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/
ÌÇÐÄÆÆ½â°æ, Total number of active instant payment systems (IPS) in Africa as of 2023, by country and IPS type ÌÇÐÄÆÆ½â°æ, /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/ (last visited August 03, 2026)
Total number of active instant payment systems (IPS) in Africa as of 2023, by country and IPS type [Graph], ÌÇÐÄÆÆ½â°æ, April 24, 2024. [Online]. Available: /statistics/1463477/total-number-of-active-instant-payment-systems-in-africa-by-country-and-type/