Data from the Bank of Mozambique indicates that between January and October 2025, transfers made via mobile wallets totaled approximately $14.6 billion, surpassing the amount recorded for the entire year of 2024.
According to the statistical report published in November, the figure corresponds to a cumulative transaction volume of more than 1.3 billion operations in ten months.
The statistics also point to deposits worth approximately US$9.2 billion and withdrawals estimated at US$6.09 billion in the same period.
Payments for services totaled around US$500 million, reflecting the growing use of these digital platforms in various areas of everyday national finance.
At the same time, there was a reduction in the physical payment infrastructure. The number of point-of-sale (POS) terminals decreased to 33,191, compared to 35,486 in 2024. The ATM network remained virtually unchanged, with 1,399 units.
In contrast, the number of electronic money institution agents rose to 427,647 nationwide. The southern region had 173,554 agents, while the center and north had 149,683 and 104,410, respectively.
The number of mobile wallet subscribers reached 24.6 million, compared to a total of 6.3 million formal bank accounts held by individuals—of which 4.1 million belong to men and 2.2 million to women—in the same period.
The evolution recorded in the electronic money agent network is part of a trajectory already noted throughout the year. In June 2025, it was reported that the number of agents exceeded 350,000 nationwide, signaling a continued expansion of access points to digital financial services and reinforcing the role of mobile wallets in transforming the financial system.
Source: Diário Económico
