| Product Code: ETC5473608 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Burkina Faso`s import shipments of payment processing solutions saw a significant shift in supplier concentration, with a notable increase in the Herfindahl-Hirschman Index (HHI) from 2023 to 2024. The top exporting countries to Burkina Faso in 2024 were China, USA, Germany, Australia, and France. Despite a high growth rate from 2020-2024 with a CAGR of 26.56%, there was a decline in growth from 2023-2024 at -24.73%. This dynamic market landscape suggests a need for thorough analysis and strategic planning for companies operating in the payment processing solutions sector in Burkina Faso.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Payment Processing Solutions Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Payment Processing Solutions Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Payment Processing Solutions Market - Industry Life Cycle |
3.4 Burkina Faso Payment Processing Solutions Market - Porter's Five Forces |
3.5 Burkina Faso Payment Processing Solutions Market Revenues & Volume Share, By Payment Method , 2021 & 2031F |
3.6 Burkina Faso Payment Processing Solutions Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Burkina Faso Payment Processing Solutions Market Revenues & Volume Share, By Deployment Type , 2021 & 2031F |
4 Burkina Faso Payment Processing Solutions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital payment methods in Burkina Faso |
4.2.2 Growing e-commerce industry in the country |
4.2.3 Government initiatives to promote cashless transactions |
4.3 Market Restraints |
4.3.1 Limited internet penetration and access to technology in some areas |
4.3.2 Concerns over cybersecurity and data privacy |
4.3.3 Lack of awareness and trust in digital payment solutions |
5 Burkina Faso Payment Processing Solutions Market Trends |
6 Burkina Faso Payment Processing Solutions Market Segmentations |
6.1 Burkina Faso Payment Processing Solutions Market, By Payment Method |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Debit Card, 2021-2031F |
6.1.3 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Credit Card, 2021-2031F |
6.1.4 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By eWallets, 2021-2031F |
6.1.5 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By ACH, 2021-2031F |
6.2 Burkina Faso Payment Processing Solutions Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.3 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Government, 2021-2031F |
6.2.4 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Utilities, 2021-2031F |
6.2.5 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Telecom, 2021-2031F |
6.2.6 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By IT, 2021-2031F |
6.2.7 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3 Burkina Faso Payment Processing Solutions Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By On-premises, 2021-2031F |
6.3.3 Burkina Faso Payment Processing Solutions Market Revenues & Volume, By Cloud-based, 2021-2031F |
7 Burkina Faso Payment Processing Solutions Market Import-Export Trade Statistics |
7.1 Burkina Faso Payment Processing Solutions Market Export to Major Countries |
7.2 Burkina Faso Payment Processing Solutions Market Imports from Major Countries |
8 Burkina Faso Payment Processing Solutions Market Key Performance Indicators |
8.1 Growth in the number of active mobile money users |
8.2 Increase in the number of merchants accepting digital payments |
8.3 Transaction volume through digital payment solutions |
8.4 Average transaction value for digital payments |
8.5 Expansion of payment processing infrastructure such as POS terminals |
9 Burkina Faso Payment Processing Solutions Market - Opportunity Assessment |
9.1 Burkina Faso Payment Processing Solutions Market Opportunity Assessment, By Payment Method , 2021 & 2031F |
9.2 Burkina Faso Payment Processing Solutions Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Burkina Faso Payment Processing Solutions Market Opportunity Assessment, By Deployment Type , 2021 & 2031F |
10 Burkina Faso Payment Processing Solutions Market - Competitive Landscape |
10.1 Burkina Faso Payment Processing Solutions Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Payment Processing Solutions Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |