Guinea-Bissau

GW · GNB · 624AfricaXOF CFA14 methods

Revised · 3 sources

Mobile money contributes more than 5% of GDP in Guinea-Bissau, indicating deep reliance on mobile financial services.

~0.8M
online population
~20%
banked adults
~1%
credit card population

Payment mix

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

Methods in use

top 8 of 14 · by spend

Checkout behaviour

Orange Money is the dominant mobile money provider operating via the Orange network.

West Africa added 21% of new mobile money accounts in 2024, with Guinea-Bissau participating in regional growth.

Facts
ISO 3166
GW · GNB · 624
Region
Africa
Population
~2.1M
Currency
XOF CFA
Banked adults
~20%
Methods live
14
Banks covered
1
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