Cameroon

CM · CMR · 120AfricaXAF FCFA17 methods

3 sources

MTN and Orange together processed CFA 135.84B in mobile money revenue in 2024, with MTN holding a 40.7% market share.

~15M

online population

~35%

banked adults

~3%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryShare

Cash50%
Mobile Money35%
Bank Transfer10%
Card4%
Other1%

Methods in use

top 8 of 17

MethodType

All 17 methods in Cameroon →

Checkout behaviour

38.84% of all mobile subscribers have an electronic mobile money account.

Fintech services are expanding into digital lending, insurance, and investment platforms.

Facts

ISO 3166: CM · CMR · 120
Region: Africa
Population: ~28M
Currency: XAF FCFA
Banked adults: ~35%
Methods live: 17
Banks covered: 19

Largest banks

Compare with

Côte d'Ivoire Niger Madagascar Mali

Sources

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