Nigeria Prepaid Card and Digital Wallet Market Forecast Report, 2031
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Nigeria Prepaid Card and Digital Wallet Market size at USD 15.03 billion in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Nigeria Prepaid Card and Digital Wallet Market size to expand at a CAGR of 23.5% reaching a value of USD 65.84 billion by 2031. The growth of Prepaid Card and Digital Wallet Market in Nigeria is propelled by deepening penetration of smartphones and wider access to affordable mobile internet, which democratize digital payment platform usage across both urban and rural areas. The surge is further driven by a societal shift toward a cashless economy, fueled by evolving consumer preferences for secure, contactless transactions. Supportive government initiatives, such as the eNaira and the AfriGo domestic card scheme, are fostering a favorable regulatory environment that encourages both consumers and merchants to ad...