Payments/TD
Chad
ISO TD · 2 schemes
Summary
- Airtel Money first mobile money (with Ecobank)
- 3% banking rate lowest in Sub-Saharan Africa
- Mastercard partnership GlobalPay Card
- CEMAC zone regional integration
- Limited infrastructure major challenge
Banking landscape
Central Bank
- Name: BEAC (Bank of Central African States)
- Website: https://www.beac.int/
- Role: Regional monetary policy (CEMAC zone)
Major Banks (2024)
| Rank | Bank Name | Type | Digital Platform |
|---|---|---|---|
| 1 | Ecobank Chad | Pan-African | Ecobank Mobile |
| 2 | Commercial Bank Tchad | Local | CBT Mobile |
| 3 | Société Générale Tchad | International | SG Mobile |
| 4 | Orabank Chad | Regional | Orabank App |
| 5 | UBA Chad | Pan-African | UBA App |
Market Structure
- 3% banking rate: Lowest in SSA
- Airtel Money: First mobile money
- CEMAC zone: Shared CFA franc
- Unbanked majority: Critical need
Payment infrastructure
National Payment Systems
| System | Operator | Type | Status |
|---|---|---|---|
| Airtel Money | Airtel Chad | Mobile money | Active |
| BEAC Clearing | BEAC | Interbank | Active |
| Cash | Physical | Primary | Dominant |
Airtel Money Chad
- First mobile money in Chad
- Ecobank partnership
- Financial transactions on mobile
- Unbanked population access
Infrastructure Challenges
- Lowest banking access in SSA
- Limited branch networks
- Connectivity constraints
- Cash-dominant economy
QR code standards
No Established National QR
| Attribute | Value |
|---|---|
| National QR | None |
| Airtel Money | Limited/emerging |
| Adoption | Very early |
| Infrastructure | Developing |
Airtel Money Features
- Mobile financial transactions
- Person-to-person transfers
- Bill payments
- Airtime purchases
- Agent network
Mastercard GlobalPay Card (2024)
- Virtual payment solution
- Connected to Airtel Money wallet
- International online merchants
- Facebook, Netflix, Uber, Amazon access
Mobile payment apps
| App | Provider | QR | Features |
|---|---|---|---|
| Airtel Money | Airtel | Limited | Mobile money |
| Ecobank Mobile | Ecobank | Limited | Banking |
Airtel Money App
- Mobile money transactions
- GlobalPay virtual card
- Bill payments
- Airtime purchase
- Agent network access
GlobalPay Card Features
- Virtual payment card
- Wallet-linked
- Global merchant access
- Amazon, AliExpress, Alibaba
- Google, Netflix, Uber
2024 Market Growth
- 22% transaction volume growth
- 15% value growth
- Partnership acceleration
- Digital adoption rising
Schemes
| Scheme | Type | Symbology | Adoption | Technical standard |
|---|---|---|---|---|
| Airtel Money | Mobile money | App | Growing | airtel-money |
| GlobalPay | Virtual card | Mastercard | 2024 | — |
Sources
- Payments Dive - Airtel Money Launch
- MFW4A - Airtel Money Chad
- Connecting Africa - Mastercard $100M
- Connecting Africa - GlobalPay Card
- Finextra - Chad Mobile Money
- TechCrunch - Mastercard Investment
- Airtel Africa - Mobile Money
- Ecofin Agency - Mobile Money Boom
Full country report
Schemes
Standards
Primary · 1
Mentioned · 2