Payment mix
share of e-commerce spendCategoryLeading methodShare
- Cash—57%
- Mobile MoneyGoogle Pay36%
- Bank Transfer—5%
- CardVisa2%
- Other—0%
Methods in use
top 8 of 15 · by spend
Checkout behaviour
Orange Money and Moov Money are the dominant platforms; Wave has been expanding into the market.
FATF grey list status since 2021 creates AML/CFT compliance challenges for financial institutions.
Facts
- ISO 3166
- BF · BFA · 854
- Region
- Africa
- Population
- ~23M
- Currency
- XOF CFA
- Banked adults
- ~30%
- Methods live
- 15
- Banks covered
- 17
Largest banks
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Sources
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