Africa's payments market isn't uniform. Mobile money is well established in some countries, while bank transfers and other local payment methods play a larger role elsewhere. For merchants expanding across the continent, understanding these differences matters.
SPAYZ.io is growing its payment coverage across Africa, with payins and payouts currently supported in Nigeria, Ghana, Congo, Kenya, and Cameroon. The company is also exploring new markets and local payment integrations as part of its wider expansion across the region.
SPAYZ.io payment coverage in Africa
It is already live, supporting payin/payout transactions in:
- Nigeria — bank transfers (recently launched in 2025)
- Ghana — mobile money
- Congo — mobile money
- Kenya — mobile money
- Cameroon — mobile money
Africa's digital payments market continues to grow, creating more opportunities for merchants operating across the region. As digital payments become more widely used, businesses need payment methods that match how customers pay in each market. Statista projected Africa's digital payments market to reach $236.06 billion in transaction value in 2025, rising to $611.23 billion by 2029.
SPAYZ.io at SiGMA Africa 2025
With a focus on Africa in 2025, SPAYZ.io’s leading experts will be exhibiting at SiGMA Africa in Cape Town, South Africa, from March 10-12 2025.
Attendees will have the opportunity to meet Eliza Simon (Head of KAM) and Stanislav Titov (Business Development Manager) to gain valuable insights into the African payment landscape, discuss industry challenges, and explore tailored solutions that drive business growth. It follows SPAYZ.io’s nomination as the Emerging Markets Payment Solution 2025 for the prestigious SIGMA Africa awards.
SPAYZ.io is constantly monitoring trends in emerging markets to identify jurisdictions that offer high growth potential. Africa is a core part of our strategy, and we are actively seeking out new countries and payment integrations so that our partners can tap directly into a burgeoning consumer market.
— Eliza, Head of KAM at SPAYZ.io
SPAYZ.io Africa strategy
Africa's payments market is changing as digital adoption grows and local payment infrastructure develops. Mobile money and other alternative payment methods already play an important role in many markets.
If you’re planning to expand in Africa, SPAYZ.io can help and offer full support. Just contact us, and our specialists will develop a payment strategy for you.
