Mobile Money has strengthened its dominance in the local payments ecosystem, with registered accounts surpassing 77 million and transaction values hitting GH¢2.76 trillion.
This was between the beginning of 2025 and August 2025, according to the Bank of Ghana’s report.
According to the report, registered Mobile Money accounts rose from 70.5 million in August 2024 to 77.7 million a year later.
Active accounts, defined as those that transacted at least once in the previous 90 days, increased from 22.8 million to 25.1 million.
Monthly Mobile Money transactions climbed from 724 million to 831 million over the same period, with values rising from GH¢273.6 billion to GH¢354.1billion.
Balances held on float, the trust accounts backing electronic value in circulation, expanded from GH¢22.2billion to GH¢28.4billion.
The agent network also expanded, with registered agents growing from 863,000 to 938,000.
Active agents fluctuated, falling to 404,000 in October 2024 before recovering to 433,000 by August 2025.
Mobile Money Interoperability, which enables transfers across networks and between bank accounts and wallets, recorded significant gains with transaction values nearly doubling from GH¢2.5 billion to GH¢4.9 billion, while the number of transactions increased from 18.4 million to 26.4 million.
SP/AE
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