Users
1.9MCowry combines a prepaid wallet with transit payment in Nigeria, through Lagos's transport ecosystem. Customers use supported cards, codes or QR journeys and can access app services such as transfers and airtime, linking repeated fare spending with a local digital-payment balance.
Use cases:
Channels:
Initiation:
Markets
1TPV
$2.5MTransactions
18MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
Central Bank of Nigeria


