Cameroon

CM · CMR · 120AfricaXAF FCFA16 methods

Revised · 3 sources

Compare markets

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

CategoryLeading methodShare

Cash—50%
Mobile MoneyGoogle Pay35%
Bank Transfer—10%
CardVisa4%
Other—1%

Methods in use

top 8 of 16 · by spend

MethodTypeShare

All 16 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: 16
Banks covered: 19

Largest banks

Compare with

Nigeria China United States United Kingdom

Sources

Something out of date?

Every figure on this page carries a source. Corrections are reviewed within a week.

Edit this country →