Nigeria
Nigeria’s payment landscape in 2026 is shaped by Account-to-Account (A2A) payments and digital wallets. These alternative payment methods account for around 91% of transaction volume, reducing reliance on credit and debit cards. For merchants, integrating real-time bank transfers is key to reaching consumers and unlocking growth in Africa’s largest economy.
*Data is for Codapay in the period of 1st Oct 2024 - 30th Sep 2025
Impact figures
85%
Android users
15%
iOS users
3.2%
Credit & Debit Card ownership
1.7B
App downloads in 2025
85M
App revenue (USD) in 2025
Insights
Digital wallets
Nigeria is a dominant Android market reducing the efficacy of Apple Pay to some degree in enabling online payments.
Cards
Credit & Debit cards have low penetration in-market, reducing the effectiveness of this channel and likely overlapping significantly with the Apple user population.
Coda as your Merchant of Record
We handle payments, compliance, and complexity, so you can move faster.
Stay compliant automatically
Taxes, regulations (including PCI-DSS compliance), and reporting handled for you.
Reduce risk and operational overhead
Cross-border settlement, FX complexities, payouts, all managed end-to-end.
Fraud protection
Full fraud management with everything from risk mitigation to chargebacks and dispute resolution.
Related payment methods
© 2026 Coda Payments Pte. Ltd
Site Credits