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Angola’s payment system is characterized by a significant reliance on cash, although credit and debit card usage is gradually increasing, primarily in urban areas and among larger businesses. Online banking and electronic transfers are developing, but their expansion faces challenges related to infrastructure limitations and relatively low levels of digital literacy. Mobile money solutions are emerging as a potential driver of financial inclusion, but significant hurdles related to infrastructure and access remain.

Population

Estimated Population

35 million

Currency

Currency

Angolan kwanza (AOA)



Popular payment methods