Financial Inclusion: Nigeria’s cashless boom leaves rural women, cross-border traders behind
A quick survey of the market showed that most sellers accept digital payments, highlighting the divide between traders who have embraced Nigeria’s rapidly expanding digital payment ecosystem and those who still rely almost entirely on cash.
READ ALSO: FirstBank, Visa launch Naira Visa debit card to accelerate Nigerias cashless payments drive Cross-border trade keeps cash alive At Dei Dei Market, about 30 kilometres from Abuja city centre, Muhammed Awwal, a wholesale tomato seller, said cross-border trade was one reason some traders continue to prefer cash.
For traders like Fatimah, therefore, Nigeria’s cashless revolution is yet to fully reach the roadside markets where cash remains the most trusted means of payment.
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