Some of the conclusions that one could draw from the findings are:
• More than half of the people interviewed (effectively representing 134 million people in these countries) had paid someone over a distance (meaning that the payer and the payee were not physically in the same place) in the past month
• The profile of each country surveyed is vastly different. For instance the percentage of people that have made a remote payment varies from 76% (in Kenya) to as low as 24% and 27% (in Rwanda and in Mali)
• Generally, countries with higher percentages have less people sending money in cash. (For instance only 20% of transactions in Kenya are cash-only, where-as 93% of transactions in Mali are cash only)
• The percentage of digital only (account to account transactions, with no conversion to cash) is above 15% in only five countries (Kenya, South Africa, Botswana, DRC and Zambia), whereas others are still very low (3.4% in Sierra Leone and 3.7% in Mali).
I am sure that these results have improved significantly in the about two years since the research have been done, but it is clear that Africa is a country changing into a digital payment world – although much must still be done.