São Tomé and Príncipe

ST · STP · 678AfricaSTN Db12 methods

Revised · 0 sources

Cash dominates the economy; formal banking penetration is estimated at approximately 30–35% of adults.

~0.10M
online population
~30–35%
banked adults
~5%
credit card population

Payment mix

share of e-commerce spend
  • Cash72%
  • Card14%
  • Mobile Money8%
  • Bank Transfer5%
  • Other1%

Methods in use

top 8 of 12 · by spend

Checkout behaviour

E-Kwanza via Unitel and the meu tudo app represent the primary digital payment options, but adoption remains nascent.

Internet penetration is growing but remains below 50%, constraining e-commerce and digital financial services growth.

Facts
ISO 3166
ST · STP · 678
Region
Africa
Population
~0.23M
Currency
STN Db
Banked adults
~30–35%
Methods live
12
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