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Central African Republic

CF · CAF · 140AfricaXAF FCFA13 methods

3 sources

CAR is among the world's least financially included countries; formal banking is largely confined to Bangui.

~0.8M
online population
~10%
banked adults
~0.5%
credit card population

Payment mix

share of e-commerce spend
  • Cash80%
  • Mobile Money15%
  • Bank Transfer4%
  • Card1%
  • Other0%

Methods in use

top 8 of 13

Checkout behaviour

The CEMAC regional mobile money market (covering CAR, Cameroon, Congo, Chad, Gabon, Equatorial Guinea) processed €44B in transactions in 2023, a 24% increase.

The agent network in CEMAC grew 37% in 2023 following regulatory changes ending operator exclusivity.

Facts
ISO 3166
CF · CAF · 140
Region
Africa
Population
~5M
Currency
XAF FCFA
Banked adults
~10%
Methods live
13
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