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Payment methods in Gabon

Africa
2methods
2banks

Digital payment use reaches 67% of Gabonese adults, one of the highest rates in Central Africa.

Market takeaways

  • Digital payment use reaches 67% of Gabonese adults, one of the highest rates in Central Africa.
  • 87% mobile phone ownership and ~70% internet penetration support digital payment growth.
  • 39% of adults save formally, reflecting a somewhat developed financial services culture.
  • Gabon is part of the CEMAC regional mobile money market that processed €44B in agent transactions in 2023.
  • Airtel Money and MTN Mobile Money are the primary mobile money providers.

Population

~2.4M

Online population

~1.6M

Banked population

~50%

Mobile Money Penetration

~45% of adults

Credit card population

~8%

Payment method breakdown

  • Cash40%
  • Mobile Money35%
  • Card15%
  • Bank Transfer9%
  • Other1%

Card scheme breakdown

  • Visa55%
  • Mastercard40%
  • Local Schemes5%
  • Other0%

Cross-border e-commerce

Market data coming soon.

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