Global Mobile Money Account Adoption by Country

The data from 2024 indicates a significant variation in mobile money account adoption across countries, with Kenya leading at 66.04% among men aged 15+. Countries like Mongolia, Thailand, and Ghana also show strong adoption rates above 50%. Other African nations such as Uganda, Zimbabwe, and Namibia have notable middle-tier adoption rates, whereas South American countries like Argentina and Brazil are much lower, below 35%. Asian giants like India and Pakistan remain at the lower end, with adoption rates under 6%. Year-over-year, most countries show nominal to no change.

Looking ahead, increasing smartphone penetration and improved internet access in low-adoption countries could drive further mobile money adoption. Regulatory support and digital literacy will play critical roles in accelerating this growth. Watch for initiatives targeting underserved areas and technological innovations that simplify mobile transactions.