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Guinea

GN · GIN · 324AfricaGNF FG14 methods

3 sources

Mobile money contributes more than 5% of GDP, reflecting strong adoption for everyday transactions.

~5M
online population
~23%
banked adults
~2%
credit card population
MixMethodsBehaviourBanksSourcesFacts

Payment mix

share of e-commerce spend
  • Cash60%
  • Mobile Money33%
  • Bank Transfer5%
  • Card2%
  • Other0%

Methods in use

top 8 of 14
All 14 methods in Guinea →

Checkout behaviour

Orange Money is the leading mobile money service, with MTN Mobile Money as a significant competitor.

Power outages and internet connectivity issues in rural areas limit mobile money growth outside major cities.

Facts
ISO 3166
GN · GIN · 324
Region
Africa
Population
~14M
Currency
GNF FG
Banked adults
~23%
Methods live
14
Banks covered
2
Banking groups present

Headquartered outside Guinea. The catalogue has no bank headquartered here yet.

Compare with
BeninBurundiRwandaZimbabwe
Sources
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