Table of Content

Pre-Paid Cards in Nigeria
Euromonitor International
December 2022

List Of Contents And Tables

PRE-PAID CARDS IN NIGERIA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Introduction of Lagos Cowry card encourages consumers to use physical and virtual pre-paid options for travel
Resumption of travel and studying abroad boost demand for foreign-denomination open loop pre-paid cards
Distribution of cards to unbanked population boosts awareness of pre-paid cards
PROSPECTS AND OPPORTUNITIES
Apex Bank and financial institutions promote pre-paid cards in a bid to remove Nigerian dependence on cash payments
Greater opportunities for use while travelling will boost transaction value and volume growth
Technological developments will help boost usage of pre-paid cards in e-commerce
CATEGORY DATA
Table 1 Pre-paid Cards: Number of Cards in Circulation 2017-2022
Table 2 Pre-paid Cards Transactions 2017-2022
Table 3 Pre-paid Cards in Circulation: % Growth 2017-2022
Table 4 Pre-paid Cards Transactions: % Growth 2017-2022
Table 5 Open Loop Pre-paid Cards Transactions 2017-2022
Table 6 Open Loop Pre-paid Cards Transactions: % Growth 2017-2022
Table 7 Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 8 Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 9 Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 10 Pre-paid Cards Transaction Value by Operator 2017-2021
Table 11 Open Loop Pre-paid Cards: Number of Cards by Issuer 2017-2021
Table 12 Open Loop Pre-paid Cards: Number of Cards by Operator 2017-2021
Table 13 Open Loop Pre-paid Cards Transaction Value by Issuer 2017-2021
Table 14 Open Loop Pre-paid Cards Transaction Value by Operator 2017-2021
Table 15 Forecast Pre-paid Cards: Number of Cards in Circulation 2022-2027
Table 16 Forecast Pre-paid Cards Transactions 2022-2027
Table 17 Forecast Pre-paid Cards in Circulation: % Growth 2022-2027
Table 18 Forecast Pre-paid Cards Transactions: % Growth 2022-2027
Table 19 Forecast Open Loop Pre-paid Cards Transactions 2022-2027
Table 20 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2022-2027
FINANCIAL CARDS AND PAYMENTS IN NIGERIA
EXECUTIVE SUMMARY
Financial cards and payments in 2022: The big picture
2022 key trends
Adoption of BRT Bus Cowry Card provides a boost for closed loop pre-paid cards
Competitive landscape
What next for financial cards and payments?
MARKET INDICATORS
Table 21 Number of POS Terminals: Units 2017-2022
Table 22 Number of ATMs: Units 2017-2022
Table 23 Value Lost to Fraud 2017-2022
Table 24 Card Expenditure by Location 2022
Table 25 Financial Cards in Circulation by Type: % Number of Cards 2017-2022
Table 26 Domestic versus Foreign Spend 2022
MARKET DATA
Table 27 Financial Cards by Category: Number of Cards in Circulation 2017-2022
Table 28 Financial Cards by Category: Number of Accounts 2017-2022
Table 29 Financial Cards Transactions by Category: Value 2017-2022
Table 30 Financial Cards by Category: Number of Transactions 2017-2022
Table 31 Consumer Payments by Category: Value 2017-2022
Table 32 Consumer Payments by Category: Number of Transactions 2017-2022
Table 33 M-Commerce by Category: Value 2017-2022
Table 34 M-Commerce by Category: % Value Growth 2017-2022
Table 35 Financial Cards: Number of Cards by Issuer 2017-2021
Table 36 Financial Cards: Number of Cards by Operator 2017-2021
Table 37 Financial Cards: Card Payment Transactions Value by Operator 2017-2021
Table 38 Financial Cards: Card Payment Transactions Value by Issuer 2017-2021
Table 39 Forecast Financial Cards by Category: Number of Cards in Circulation 2022-2027
Table 40 Forecast Financial Cards by Category: Number of Accounts 2022-2027
Table 41 Forecast Financial Cards Transactions by Category: Value 2022-2027
Table 42 Forecast Financial Cards by Category: Number of Transactions 2022-2027
Table 43 Forecast Consumer Payments by Category: Value 2022-2027
Table 44 Forecast Consumer Payments by Category: Number of Transactions 2022-2027
Table 45 Forecast M-Commerce by Category: Value 2022-2027
Table 46 Forecast M-Commerce by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources