The Republic of Benin is a country in West Africa. It is bordered by Togo to the west, by Nigeria to the east and by Burkina Faso and Niger to the north. Link to external site : Website for Benin |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
5,427.62 Register/Log In |
| HDI classification | Low |
| Mobile Connections (m) |
8.568 Upgrade to Bronze |
| Currency | XOF |
| Class | |
| CountryISO | BJ |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["BJ",9.025,85]],"options":{"title":"Countries","region":"BJ","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["MTN",2597375],["Moov (Etisalat) - to Itissalat Al Maghrib, Maroc Telecom",2464287],["Globacom Limited (Glo Mobile)",2228346],["Bell Benin Communications",987737],["Libercom (Benin Telecoms)",290080]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",62849],["Q4 2001",206961],["Q4 2002",353427],["Q4 2003",516711],["Q4 2004",740937],["Q4 2005",1021609],["Q4 2006",1423779],["Q4 2007",1803012],["Q4 2008",2474435],["Q4 2009",3481771],["Q4 2010",4063867],["Q4 2011",4683556],["Q4 2012",5192542],["Q4 2013",5602427],["Q4 2014",5941448]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Mobile",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MNO",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MM",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BP",1],["CICO",1],["DMT",1],["MM",1],["MP",1],["Trade",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Card",1],["Cash",1]],"options":{"title":"Initiatives ( 1 of 1 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil law system modelled largely on the French system and some customary law Upgrade to Bronze |
| Law is based on | |
| Approach |
Short leash Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
Jointly Led Upgrade to Bronze |
| DominantModel |
Jointly Led Upgrade to Bronze |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",46.84],["Banked",32],["Internet",2],["Urban",41],["Adult",56],["Literate",40.5433]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 9.03 |
| Adult % | 56.00 |
| Migrants % |
2.00 Register/Log In |
| Stock Immigrants ('000) |
232.00 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 41.00 |
| Female % | 46.00 |
| Literate % | 40.54 |
| Annual Growth % |
| Mobile Penetration % | 46.84 |
| Banked % | 32.00 |
| Access to FS % | 32.00 |
| Internet % | 2.00 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 99.10 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 2.87 |
| Monthly ARPU |
15.00 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Prime Candidate Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |