The Republic of Cameroon is a country in west Central Africa. It is bordered by Nigeria to the west, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the Republic of the Congo to the south. Link to external site : Website for Cameroon |  |
| Wallets | |
| Development | Developing |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
20,685.92 Register/Log In |
| HDI classification | Medium |
| Mobile Connections (m) |
10.429 Upgrade to Bronze |
| Currency | XAF |
| Class | |
| CountryISO | CM |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["CM",18.533,55]],"options":{"title":"Countries","region":"CM","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["MTN",5194750],["Orange",4500000],["CamTel",734621]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",109900],["Q4 2001",391500],["Q4 2002",693495],["Q4 2003",1077000],["Q4 2004",1527000],["Q4 2005",2218000],["Q4 2006",3256000],["Q4 2007",4719600],["Q4 2008",5976400],["Q4 2009",7509388],["Q4 2010",8767967],["Q4 2011",9853060],["Q4 2012",10746135],["Q4 2013",11441701],["Q4 2014",11947629]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Agent",1],["Branch",1],["Mobile",3]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MTO",1],["PSP",1],["Vendor",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MM",1],["MP",1],["MT",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BP",1],["DMT",3],["IMT",2],["MM",1],["MP",1],["Trade",1]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Card",2],["Cash",2],["Wallet",2]],"options":{"title":"Initiatives ( 3 of 3 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Hybrid Upgrade to Bronze |
| Legal System |
Mixed legal system of English common law, French civil law, and 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",43.48],["Banked",24],["Internet",2],["Urban",56],["Adult",59],["Literate",67.9]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 18.53 |
| Adult % | 59.00 |
| Migrants % |
1.00 Register/Log In |
| Stock Immigrants ('000) |
196.60 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 56.00 |
| Female % | 45.60 |
| Literate % | 67.90 |
| Annual Growth % |
| Mobile Penetration % | 43.48 |
| Banked % | 24.00 |
| Access to FS % | 24.00 |
| Internet % | 2.00 |
| Branches per 100k adults | 0.00 |
| ATMs per 100k adults | 0.00 |
| POS per 100k adults | 0.00 |
| Prepaid % | 98.90 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 6.12 |
| Monthly ARPU |
11.00 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 |