| Product Code: ETC5473608 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | 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 |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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