Payments/GM
Gambia
ISO GM · 3 schemes
Summary
- Afrimoney leading mobile money (Africell)
- 10+ mobile money services in market
- QR e-tickets ferry integration planned
- Bank interoperability enabled
- Wave, Q-Money major competitors
Banking landscape
Central Bank
- Name: Central Bank of The Gambia (CBG)
- Website: https://www.cbg.gm/
- Role: Monetary policy, payment oversight
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Zenith Bank Gambia | Pan-African | Zenith Mobile |
| 2 | Access Bank Gambia | Pan-African | Access Mobile |
| 3 | Standard Chartered | International | SC Mobile |
| 4 | Trust Bank Gambia | Local | Trust App |
| 5 | GTBank Gambia | Pan-African | GTBank App |
Market Structure
- Afrimoney: Africell's service
- 10+ providers: Competitive market
- Bank interoperability: Enabled
- Financial inclusion: Focus area
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| Afrimoney | Africell | Mobile money | Leading |
| Q-Money | QCell | Mobile money | Active |
| Wave | Wave | Mobile money | Active |
| Nafa | Nafa | Mobile money | Active |
Mobile Money Providers
- Afrimoney (Africell)
- Q-Money (QCell)
- Wave
- Nafa Financial Services
- APS
- Supersonicz
- 10+ total services
Bank Interoperability
- Afrimoney links to banks
- Transfer to/from accounts
- Major banks connected
- Enhanced convenience
QR code standards
QR Code Integration (Planned)
| Attribute | Value |
|---|---|
| Ferry E-tickets | QR download |
| Phase 2 | Mobile money integration |
| Status | In development |
| Providers | Multiple planned |
Ferry Service QR System
- E-ticket via mobile app
- QR code download
- Ticket on phone
- Phase 2: Mobile money link
Planned Integrations
- Nafa Financial Services
- Q-Money
- Afrimoney
- Supersonicz
- APS
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Afrimoney | Africell | Limited | Full wallet |
| Afrimoney Agent | Africell | Yes | Agent app |
| Q-Money | QCell | Limited | Mobile money |
| Wave | Wave | Limited | Transfers |
Afrimoney Features
- Money transfer
- Airtime top-up
- Bill payment
- Salary disbursement
- Bank interoperability
- Merchant services
Afrimoney Agent App
- Digital wallet management
- Agent transactions
- Cash-in/cash-out
- Business tools
Other Services
- Q-Money payments
- Wave transfers
- Nafa services
- APS options
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Afrimoney | Mobile money | App | Leading | afrimoney |
| E-ticket QR | Ferry | App | Active | — |
| Bank Interop | Transfer | Multiple | Active | — |
Sources
- Africell - Afrimoney
- Access Gambia - Afrimoney
- The Point - Ferry E-tickets
- Waychit - Online Payments Gambia
- Afrimoney Agent - Google Play
- Paysend - Afrimoney Partnership
- Wakandi - AfriMoney CAMS
- ACE Money - Gambia
Full country report
Schemes
Standards
Primary · 1
Mentioned · 1