The B2B digital transaction volume for MEA is projected a 10.7 percent increase in 2024, and a 12.7 percent CAGR for 2023-2028; The retail digital transaction volume for MEA is projected a 15.7 percent increase in 2024, and a 13.7 percent CAGR for 2023-2028.
Supplementary notes
The source adds that B2B payments consists of payments between businesses, and do not include individuals.
The source does not separate between Middle East and Africa, nor does it provide figures for individual countries.
Figures for 2024 are estimates. Figures for 2025 and 2028 are forecasts.
Citation formats
B2B digital payments number in Middle East, Africa 2019-2024 with forecasts to 2028
The number of digital B2B payments in the MEA region is forecast to nearly double between 2023 and 2028, as businesses move away from cash. In 2024 - the most recent year estimated by the source - *** billion cashless transactions were carried out in the Middle East and Africa. The source is not clear whether this includes both domestic and cross-border payments. It does point towards the importance of Swift and ISO 20022, as these initiatives hope to improve B2BÂ cross-border payments in regions such as EMEA (Europe, Middle East, Africa).
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Capgemini. (September 26, 2025). Total number of cashless B2B payment transactions in Middle East, Africa (MEA) from 2019 to 2024, with forecasts for 2025 and 2028 (in billions) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/
Capgemini. "Total number of cashless B2B payment transactions in Middle East, Africa (MEA) from 2019 to 2024, with forecasts for 2025 and 2028 (in billions)." Chart. September 26, 2025. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/
Capgemini. (2025). Total number of cashless B2B payment transactions in Middle East, Africa (MEA) from 2019 to 2024, with forecasts for 2025 and 2028 (in billions). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/
Capgemini. "Total Number of Cashless B2b Payment Transactions in Middle East, Africa (Mea) from 2019 to 2024, with Forecasts for 2025 and 2028 (in Billions)." Statista, Statista Inc., 26 Sep 2025, https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/
Capgemini, Total number of cashless B2B payment transactions in Middle East, Africa (MEA) from 2019 to 2024, with forecasts for 2025 and 2028 (in billions) Statista, https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/ (last visited May 07, 2026)
Total number of cashless B2B payment transactions in Middle East, Africa (MEA) from 2019 to 2024, with forecasts for 2025 and 2028 (in billions) [Graph], Capgemini, September 26, 2025. [Online]. Available: https://www.statista.com/statistics/1551580/mea-number-of-cashless-payments-in-b2b/
