Africa Payments Market 2022-2027
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Africa Payments Market 2022-2027

Last Updated:  Apr 25, 2025 | Study Period: 2022-2027

AFRICA PAYMENTS MARKET

 

INTRODUCTION

The new cross-border payment system is anticipated to save billions of dollars in annual transaction costs and boost exports in the world's largest free-trade zone.

 

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Through digitally powered storefronts, merchants learned to incorporate newer and easier ways to reach and engage customers peers traded different types of cryptocurrencies as a way to enjoy financial freedom and hedge their funds against economic instability and more businesses embraced contactless payments technologies for more obvious reasons.

 

AFRICA PAYMENTS MARKETSIZE AND FORECAST

 

TheAfrica Payments Marketaccounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

 

 

AFRICA PAYMENTS NEW PRODUCT LAUNCH

For African traders, the new Pan-African payments system is a huge relief.

 

Mastercard, a global payments technology leader, and Network International, the Middle East and Africa's (MEA) region's leading enabler of digital commerce, have cooperated to establish a new digital platform that will accelerate the adoption of digital payments across the Middle East and Africa.

 

CredPal Pay, a BNPL platform developed by a Nigerian consumer credit company, has been launched on the African market.

 

Through Buy Now, Pay Later services, the offering promises to assist businesses in growing faster and increasing revenues.

 

CredPal Pay supports QR code payments, BNPL choices, a checkout plugin that allows merchants to upsell on their websites, and an integrated management system that allows vendors to examine orders and settle payments.

 

COMPANY PROFILE

  1. Ingenico
  2. Gemalto
  3. Wirecard
  4. Infineon
  5.  MYPINPAD
  6. CPI Card Group
  7. On Track Innovations
  8. Setomatic Systems
  9. Verifone
  10.  IDEMIA
  11. Visa
  12. American Express
  13. Mastercard
  14. Paypal
  15. Samsung Pay
  16. Google Pay
  17. Apple Pay
  18. Square Wallet
  19. Giesecke+Devrient 
  20. Soft Space

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per Africa Payments Market right now and how will it change in next 5-6 years? 
  2. Average cost to set up a Africa Payments Market in US, Europe and China?
  3. How many Africa Payments Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally? 
  5. Cost breakup of a Africa Payments Marketand key vendor selection criteria
  6. Where is the Africa Payments Marketmanufactured? What is the average margin per equipment?
  7. Market share of Africa Payments Marketmanufacturers and their upcoming products
  8. The most important planned Africa Payments Marketin next 2 years
  9. Details on network of major Africa Payments Marketand pricing plans
  10. Cost advantage for OEMs who manufacture Africa Payments Market in-house
  11. 5 key predictions for next 5 years inAfrica Payments Market 
  12. Average B-2-BAfrica Payments Marketprice in all segments
  13. Latest trends inAfrica Payments Market, by every market segment
  14. The market size (both volume and value) ofAfrica Payments Marketin 2022-2027 and every year in between?
  15. Global production breakup ofAfrica Payments Market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21Product installation rate by OEM, 2022
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2022
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix