Electronic money transactions in Togo reached CFA4,435.3 billion in 2025, across 409.7 million operations, according to the financial inclusion dashboard released on 20 October 2026 by the Central Bank of West African States (BCEAO). The figure measures the cumulative value of transactions through electronic wallets, not the revenue earned by service providers.
Account usage was notably high. The central bank counted 10.45 million electronic money accounts opened in Togo, of which 5.69 million were active, equivalent to 54.48%. This was the second-highest active-account rate in the West African Economic and Monetary Union (WAEMU), after Guinea-Bissau at 60.67% and ahead of Burkina Faso at 50.36%. The union-wide rate was 32.56%.
The BCEAO defines an active account as one that recorded at least one transaction in the preceding 90 days. The figure does not represent the number of distinct users, as a single person may hold several wallets, including accounts with different providers.
The central bank’s breakdown shows CFA1,332.6 billion in wallet top-ups in Togo, CFA1,292.3 billion in cash withdrawals and CFA1,258.8 billion in person-to-person transfers. These categories show the different roles electronic money plays, from funding accounts and moving money to withdrawing cash. Each type of transaction contributes to the annual total.
Across WAEMU, electronic money transactions totalled CFA219,151 billion and 16.37 billion operations in 2025. Togo accounted for 2.02% of the region’s transaction value and 2.50% of its volume. The country’s share of regional activity therefore remains relatively small, even though a high proportion of its accounts were used recently.
The distinction matters when interpreting the numbers. The same funds can be deposited, transferred and then withdrawn, with each step counted as a separate transaction. The CFA4,435.3 billion total is therefore neither new wealth generated in Togo nor a stock of money held simultaneously in electronic wallets.