By 2026, Uganda's e-commerce landscape has seen rapid growth driven by increased mobile money adoption, reaching 35% digital payment penetration. Mobile money remains the dominant method, accounting for a significant majority of online transactions, reflecting widespread mobile banking usage across the country. The e-commerce market continues to expand, supported by improved internet access and digital infrastructure, fostering more diverse payment options.
Despite the growth, credit and debit card usage remains relatively low at 12%, limited by banking infrastructure and consumer trust. The total e-commerce market size of USD 1.5 billion highlights the sector's potential. As digital literacy improves and fintech innovations emerge, Uganda is poised for further increases in cashless transactions, contributing to economic growth and financial inclusion.