Chart

Popular Payment Methods in Nigeria 2024

Log in to unlock

No account? Sign up free — new members get 3 premium charts to view.

Insights

Key Takeaways

In Nigeria, paying with cash is still the go-to choice for most people, with about 6 out of 10 preferring it whenever possible. But digital payments aren’t far behind, many store their credit card details on their phones and use apps to send money to friends. What’s interesting is that more than 1 in 5 Nigerians have actually used cryptocurrency to buy things, showing that crypto is slowly becoming part of everyday transactions. It’s a mix of tradition and technology shaping how people pay.

Discover additional trends and data on most popular cryptocurrency exchanges in nigeria, key obstacles to cryptocurrency adoption in Nigeria, cryptocurrency awareness in Nigeria.

AI-powered chart insight: This summary is automatically generated to help you understand the chart at a glance. It is intended as an overview; view the full chart and underlying data for complete context.

Related report

Would You Like to Know More?
Explore Our Cryptocurrency Report

Charts library

Further Recommended Cryptocurrency Statistics

Statbox vector
The briefing
New data, in your inbox

Consumer insights, data stories and product updates as we publish them. No other mail, and one click to leave.

Roughly two emails a month.

Research services
Have a question our newsroom hasn't answered? Ask it directly.

Our team can run the study behind the story — in 60+ countries, on your question, with the data belonging to you.