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All surveyed Nigerian SMEs consider digital and online payments vital to growth

Nairametrics, citing Mastercard’s 2026 SME Confidence Index, reports that 42% of surveyed Nigerian businesses accept online payments and 57% operate across both physical and online channels.

NairametricsNA
1 Source, 20d ago, first seen 20d ago

TLDR

Nairametrics reports that digital commerce has expanded how Nigerian businesses reach customers and receive payments. Citing Mastercard’s 2026 SME Confidence Index, it says 100% of surveyed Nigerian small and medium-sized enterprises consider digital and online payments vital to business growth. Among those surveyed, 42% already accept online payments, while 57% operate across both physical and online channels.

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1 Source, first seen 20d ago

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Combined views

5.4K

1 Source, first seen 20d ago

14 likes1 saves3 reposts

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1 Source

Nairametrics@NairametricsAsk a Nigerian business where its next customer will come from and the answer may no longer be tied to geography. It could be someone who discovered the business on Instagram, a customer in another state or a buyer paying from abroad. For businesses, digital commerce has expanded the ways they can reach customers and receive payments. Mastercard’s 2026 SME Confidence Index found that 100% of surveyed Nigerian SMEs consider digital and online payments vital to business growth, while 42% already accept online payments and 57% operate across both physical and online channels. Read more here: https://nairametrics.com/2026/09/17/when-the-card-isnt-there-why-trust-matters-in-digital-commerce/20d
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    1 Source

    Nairametrics@NairametricsAsk a Nigerian business where its next customer will come from and the answer may no longer be tied to geography. It could be someone who discovered the business on Instagram, a customer in another state or a buyer paying from abroad. For businesses, digital commerce has expanded the ways they can reach customers and receive payments. Mastercard’s 2026 SME Confidence Index found that 100% of surveyed Nigerian SMEs consider digital and online payments vital to business growth, while 42% already accept online payments and 57% operate across both physical and online channels. Read more here: https://nairametrics.com/2026/09/17/when-the-card-isnt-there-why-trust-matters-in-digital-commerce/20d
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