Card Payments Lag Far Behind Mobile Money Boom in Cameroon
[Business in Cameroon - Cameroon] - 22/10/2025
Card payments in Cameroon totaled CFA149.8 billion in 2023, just 6.5% of CFA2.28 trillion processed through mobile money. The country recorded 24.86 million mobile money accounts versus only 1.4 million bank cards in circulation. There were 944 ATMs nationwide compared to just 1,739 electronic (…)
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