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Cameroon

Central African CFA franc (XAF)

To help combat some of the security concerns that accompany the digitization of payment infrastructures, Cameroon launched the National Digital Payment Switch Infrastructure, which enables the traceability of electronic payments.

Cameroon

Population

27,198,628

Banked Population:

51.65%

Group 427321246

Main industries

Agriculture, Manufacturing,
and Finance & Trade

Group 427321247

Main imports

Scrap Vessels, Special Purpose Ships,
Rice, Packaged Medicaments, and Wheat

Group 427321248

Main exports

Crude Petroleum, Petroleum Gas, Cocoa Beans,
Sawn Wood, and Rough Wood

GDP stats

$1,666.9

Per capita (USD)

3.6%

Growth annually

97

World ranking

Internet usage

38%

Smartphone usage

23%

Credit/debit card usage

13%

Population transacting electronically

29%

Group 427321245 1

Total volume of digital payments projected to reach

$4,295.00M (USD)

Payment Methods in Cameroon

All
  • All Methods
  • Mobile Money

EU Mobile

Mobile Money

Orange Money

Mobile Money

MTN Mobile Money Cameroon

Mobile Money

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