Payment methods in Nigeria
Statistics report on payment methods in Nigeria
This report provides information on payment methods in Nigeria. It focuses on e-payment and, in particular, digital payments and mobile money. It includes POS transactions, checks, transfers per mobile apps, mobile money, card payments, and other methods. Mobile money allows a customer to receive, store, and spend money using a mobile phone, a financial service that is very popular across the whole African continent. Overall, the different chapters contain figures on payment values and volumes as well as data on some service providers.
Report Details
Payment methods in Nigeria
Pages
37 Pages
Format
PPTX
,
PDF
Language
English
Released
2025
Access
Download from this page
Comprehensive data insights
Includes all relevant statistics
Compiled by our industry experts
Table of contents
Overview
5
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Forecast
Penetration rate of the banking accounts market in Nigeria 2000-2050
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Popularity of financial products or services in Nigeria 2024
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Most common online payments by type in Nigeria 2025
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Peer-to-peer payments in Nigeria 2023
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Forecast
Payments at points of sale by type in Nigeria 2023
Payments
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Statistic
Most used in-store (POS) payment methods in Nigeria 2017-2025, with 2030 forecast
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Share of purchase using digital and mobile wallet in Nigeria 2020-2023. by modality
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Annual value of checks in Nigeria 2018-2024
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Value of POS transactions in Nigeria 2017-2023
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Monthly value of money transfers per mobile app in Nigeria 2021
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Monthly value of NEFT payments in Nigeria 2021
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Monthly value of RTGS transfer payments in Nigeria 2020
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Monthly value of USSD transfer payments in Nigeria 2020
E-Payments
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Statistic
Distribution of payment methods in e-commerce in Nigeria 2025
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Forecast
Penetration rate of online banking in Nigeria 2000-2050
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Volume of e-payment transactions in Nigeria 2023, by channel
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Monthly value of e-payment transactions in Nigeria 2020
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Distribution of online payment methods in Nigeria 2023
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Share of payments with e-wallet in Nigeria 2020, by leading service
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Monthly value of online transfer payments in Nigeria 2020
Cards
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Credit card penetration in Africa 2020, by country
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Penetration rate of credit cards in Nigeria 2011-2050
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Forecast
Penetration rate of debit cards in Nigeria 2011-2050
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Biggest international and domestic payment card schemes in Nigeria 2019-2023
Mobile money
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Statistic
Monthly value of MMOs transfer payments in Nigeria 2020
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Population with mobile money accounts in Nigeria 2019-2025
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Number of mobile money customers in Nigeria 2016-2019
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Number of mobile money agents in Nigeria 2016-2019
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Number of licensed MMOs in Nigeria 2016-2019
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