Namibia

NA · NAM · 516AfricaNAD N$15 methods

3 sources

Digital payment usage is estimated at 68% of Namibian adults, among the highest in Sub-Saharan Africa.

~1.6M

online population

~60%

banked adults

~12%

credit card population

Mix Methods Behaviour Banks Sources Facts

Payment mix

share of e-commerce spend

CategoryShare

Card35%
Cash35%
Bank Transfer15%
Mobile Money12%
Other3%

Methods in use

top 8 of 15

MethodType

All 15 methods in Namibia →

Checkout behaviour

FNB Namibia's eWallet (modeled on South Africa's successful version) is widely used for P2P cash transfers.

MTC Namibia's PayToday and Mobipay enable mobile payments for both banked and unbanked Namibians.

Facts

ISO 3166: NA · NAM · 516
Region: Africa
Population: ~2.8M
Currency: NAD N$
Banked adults: ~60%
Methods live: 15
Banks covered: 11

Largest banks

Compare with

Gambia Botswana Gabon Lesotho

Sources

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