Namibia

NA · NAM · 516AfricaNAD N$16 methods

Revised · 3 sources

Compare markets

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

CategoryLeading methodShare

CardVisa35%
Cash—35%
Bank Transfer—15%
Mobile MoneyGoogle Pay12%
Other—3%

Methods in use

top 8 of 16 · by spend

MethodTypeShare

All 16 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: 16
Banks covered: 11

Largest banks

Compare with

Nigeria China United States United Kingdom

Sources

Something out of date?

Every figure on this page carries a source. Corrections are reviewed within a week.

Edit this country →