ELECTRONIC PAYMENT CHANNELS IN THE NIGERIA BANKING

SECTOR
2015-Q2 2016
August 2016

DATA ON ALL PAYMENTS CHANNELS FOR 2015

Month
January
February
March
April
May
June
July
August
September
October
November
December
Total

CHEQUES
Volume
Value N'000
1,133,917 541,062,074.23
1,057,284 548,116,494.98
1,060,814 565,137,866.75
997,044 510,421,930.88
1,014,375 487,926,801.83
1,144,073 542,079,516.38
1,337,128 533,047,581.78
1,176,353 483,597,469.00
1,143,832 482,307,226.89
1,184,127 491,190,356.08
1,101,265 479,203,487.29
1,116,249 531,370,675.17
13,466,461 6,195,461,481.27

NEFT
ATM
Volume
Value N'000
Volume
Value N'000
2,240,989 1,200,581,839.21 33,928,219 315,613,862.69
1,918,403 1,005,659,057.55 32,160,157 290,227,604.07
3,187,180 1,271,666,580.40 35,783,293 332,121,822.11
2,120,219 1,130,157,040.34 32,792,129 300,837,536.41
2,569,736 1,100,394,168.87 37,333,321 347,241,487.03
1,966,027 1,063,115,732.24 34,608,166 314,350,754.49
2,966,739 1,189,429,646.27 35,197,807 325,245,063.12
2,366,356 1,035,388,839.37 36,932,437 330,662,156.00
2,745,944 1,056,627,303.42 37,982,094 355,574,340.56
2,077,104 964,980,302.71 38,424,883 347,091,449.71
2,050,168 934,051,250.72 34,757,254 308,939,695.94
2,726,740 1,135,033,723.68 43,687,863 402,346,642.79
28,935,605 13,087,085,484.77 433,587,623 3,970,252,414.92

Volume
2,267,257
2,338,113
2,605,160
2,560,973
2,655,153
2,497,385
2,682,200
2,729,286
3,013,482
3,247,610
3,177,593
3,946,721
33,720,933

POS
INTERNET (WEB)
Value N'000
Volume
Value
31,799,814.95
591,003 8,831,734.04
30,973,501.28
538,813 7,163,205.07
33,541,568.06
618,123 6,769,709.35
34,629,681.26
572,001 6,333,661.85
35,928,876.41
514,551 5,255,230.47
34,010,076.41
493,529 5,456,704.29
36,973,082.68
562,953 6,379,126.07
35,838,736.77
889,116 8,176,276.30
39,613,150.48
765,218 7,833,556.66
41,504,890.39
705,815 7,588,235.80
40,246,577.36
817,718 9,854,789.42
53,452,592.67
912,521 11,939,063.22
448,512,548.73 7,981,361 91,581,292.53

MOBILE PAYMENTS
NIP
EBILLSPAY
Volume Value N'000
Volume
Value N'000
Volume Value N'000
2,295,177 27,667,735.49 4,296,203 1,905,302,391.30 99,961 8,559,577.97
2,631,199 27,887,249.35 4,475,519 1,900,432,892.76 80,454 12,110,259.41
3,599,144 36,055,445.22 5,078,440 1,989,122,945.98 102,858 15,271,954.77
3,348,322 36,278,636.39 4,971,336 2,038,618,510.72 107,301 20,299,901.81
3,272,318 31,066,601.69 5,367,362 2,046,223,533.36 98,946 19,145,293.18
3,627,712 33,087,288.74 5,775,608 2,175,640,322.67 103,318 17,638,375.76
3,911,633 36,397,493.49 6,455,255 2,300,924,180.47 100,871 16,718,766.16
4,090,768 35,241,368.88 6,171,139 2,138,797,082.83 93,537 15,368,939.89
4,203,470 37,665,168.83 6,465,196 2,153,729,685.25 103,571 17,710,661.64
4,314,022 42,312,789.25 6,847,336 2,310,233,881.63 112,499 24,711,790.10
4,122,044 39,879,549.74 7,409,561 2,295,141,383.96 106,869 24,570,870.53
4,517,553 58,814,436.42 8,330,211 2,394,893,980.07 98,371 25,320,090.60
43,933,362 442,353,763.49 71,643,166 25,649,060,790.99 1,208,556 217,426,481.83

Volume
3,599,828
3,833,884
4,311,844
4,463,599
4,554,184
4,574,266
5,071,228

POS
INTERNET (WEB)
Value N'000
Volume Value N'000
46,652,936.43
866,832 11,291,352.14
46,143,548.90 1,008,220 11,134,547.77
51,963,821.31
853,363 9,266,279.01
53,283,815.24
934,969 9,037,724.64
55,136,488.70
841,026 8,664,593.41
55,291,698.56
882,021 8,573,633.52
59,397,373.33
900,176 9,072,363.76

NIP
EBILLSPAY
MOBILE PAYMENTS
Volume Value N'000
Volume
Value N'000
Volume Value N'000
4,409,735 41,140,985.51 7,324,984 2,389,985,950.48 95,749 23,119,882.93
4,522,569 44,644,578.36 8,040,852 2,499,945,030.72 93,307 25,225,057.88
5,159,701 49,456,630.25 9,375,944 2,747,251,545.35 82,779 25,959,202.37
2,857,602 46,456,982.00 10,057,459 2,868,292,057.49 88,136 22,029,395.63
2,852,858 61,684,538.93 10,267,793 2,762,849,174.26 75,664 26,440,101.36
2,933,058 60,143,123.10 11,251,309 3,096,937,918.79 72,534 26,264,200.34
3,405,110 77,867,582.30 11,468,647 2,865,795,759.63 62,144 22,236,566.87

DATA ON ALL PAYMENTS CHANNELS FOR 2016

Month
January
February
March
April
May
June
July
August
September
October
November
December
Total

CHEQUES
Volume
Value N'000
954,659 464,552,899.41
951,824 501,165,497.86
940,955 487,571,913.26
887,721 472,464,926.94
909,546 480,409,004.35
1,087,100 488,626,752.19
970,240 436,046,012.84

NEFT
Volume
Value N'000
1,663,047 983,684,143.74
1,987,935 864,093,718.17
2,226,056 909,904,555.02
2,089,631 920,333,529.43
1,734,998 820,044,998.69
3,308,116 1,301,335,277.70
3,431,912 1,870,933,943.84

6,702,045 3,330,837,006.86

16,441,695

ATM
Volume
Value N'000
39,170,746 339,220,341.89
41,189,325 350,103,629.44
44,430,115 380,665,943.38
45,806,594 381,669,168.04
45,474,823 382,314,571.46
45,109,270 370,512,482.23
48,430,647 394,351,652.18

7,670,330,166.59 309,611,520 2,598,837,788.61 30,408,833

367,869,682.49 6,286,607.00 67,040,494.25 26,140,633 381,394,420.45

67,786,988 19,231,057,436.73

570,313 171,274,407.37