Mobile Money Transactions Statistics in South Africa (2026)
South Africa recorded mobile money transaction volume of 468 per year per 1,000 adults in 2024, IMF Financial Access Survey data show. Up from 162.7 per year per 1,000 adults in 2023 to 468 per year per 1,000 adults in 2024. South Africa ranks #36 of 38 economies in Sub-Saharan Africa on this measure, and #67 of 72 globally.
Key Statistics
- Latest value (2024)
- 468 per year per 1,000 adults (2024)
- Mobile Money Transactions in South Africa as of 2024, the most recent observation in IMF Financial Access Survey data.
- Change since 2023
- +187.7% (2024)
- Up from 162.7 per year per 1,000 adults in 2023 to 468 per year per 1,000 adults in 2024.
- CAGR 2013–2024
- +8.8% per year (2024)
- Compound annual growth rate from 185.5 per year per 1,000 adults in 2013 to 468 per year per 1,000 adults in 2024.
- Earliest value in this dataset (2013)
- 185.5 per year per 1,000 adults (2013)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 185.5 per year per 1,000 adults in 2013 to 468 per year per 1,000 adults in 2024.
- Record high (2024)
- 468 per year per 1,000 adults (2024)
- The 2024 value is the highest in the available IMF Financial Access Survey series for South Africa.
- Rank in Sub-Saharan Africa
- #36 of 38 (2024)
- South Africa ranks 36 of 38 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #67 of 72 (2024)
- South Africa ranks 67 of 72 countries with data globally.
- Sub-Saharan Africa average
- 118,786.3 per year per 1,000 adults (2024)
- South Africa (468 per year per 1,000 adults) is below the average of 118,786.3 per year per 1,000 adults across the 38 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 553.8 per year per 1,000 adults (2026)
- Projection based on 11-year trend (CAGR 8.8%); not an official figure.
- Mobile money transactions during the reference year (number) (2024)
- 22,203,516 per year (count) (2024)
- Related indicator from IMF Financial Access Survey.
- Internet use in South Africa (2024)
- 78.4% (2024)
- 78.4% of the population in South Africa used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 64 million (2024)
- South Africa had a population of 64 million in 2024 (World Bank); shown for scale only.
Trend, 2013–2024
| Year | transactions per year per 1,000 adults | Change |
|---|---|---|
| 2024 | 468 | +187.7% |
| 2023 | 163 | +1413.1% |
| 2020 | 10.8 | −87.6% |
| 2016 | 87 | −56.1% |
| 2015 | 198 | +28.2% |
| 2014 | 154 | −16.8% |
| 2013 | 186 | — |
Frequently asked questions
What is the latest figure for mobile money transaction volume in South Africa?
Mobile money transaction volume in South Africa stood at 468 per year per 1,000 adults in 2024, according to IMF Financial Access Survey data.
How recent is the mobile money transactions data for South Africa?
The most recent observation is from 2024. IMF Financial Access Survey data is reported with a lag, so 2024 is the latest available year for South Africa.
Where does the mobile money transactions data for South Africa come from?
The data comes from the IMF Financial Access Survey (indicator FA66N.PTADLT_NUM). The latest observation for South Africa is from 2024; the snapshot was retrieved on 2026-06-10.
How has mobile money transactions in South Africa changed over time?
IMF Financial Access Survey data show a rise from 185.5 per year per 1,000 adults in 2013 to 468 per year per 1,000 adults in 2024.
How does South Africa compare with other countries in Sub-Saharan Africa?
South Africa ranks 36 of 38 countries in Sub-Saharan Africa with data, with 468 per year per 1,000 adults versus a regional average of 118,786.3 per year per 1,000 adults (latest values per country).
Source & methodology
Source: IMF Financial Access Survey, indicator
FA66N.PTADLT_NUM, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .