Audio By Carbonatix
Data released by the Bank of Ghana has shown that the value of mobile money transactions went up significantly to reach GH₵365.0 billion by April 2025.
Compared to the same period last year, the value of transactions was at GH₵303.0 billion.
The data also showed that the number of transaction increased to 778 million in April 2025 compared to 630 million in April 2024.
The Balance of Float reached GH₵28.2 billion compared to GH₵19.3 billion.
The steady rise highlights the increasing preference for mobile financial services among individuals and businesses alike, as the nation continues to embrace digital payment solutions.
This increase further demonstrates the central role mobile money plays in enhancing financial access and facilitating daily transactions across the country, especially in areas underserved by traditional banking infrastructure.
The Bank of Ghana data also points to a sustained upward trend in mobile money usage, fuelled by greater mobile phone penetration, the expansion of agent networks, and the user-friendly nature of mobile platforms.
These factors have made mobile money an indispensable tool for financial inclusion and economic participation.
Latest Stories
-
Ghana’s HIV crisis: Stigma drives new infections as AIDS Commission bets on AI and six-month injectables
7 minutes -
US Supreme Court agrees to hear case challenging birthright citizenship
1 hour -
Notorious Ashaiman robber arrested in joint police operation
2 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
3 hours -
Who are favourites to win the 2026 World Cup?
3 hours -
We will come after you – Muntaka warns online fearmongers
3 hours -
Forestry office attack: Suspected gang leader arrested, two stolen cars recovered
4 hours -
How Asamoah Gyan reacted after Ghana was paired with England, Croatia, and Panama for the 2026 World Cup
5 hours -
Ghana Armed Forces opens 2025/2026 intake for military academy
5 hours -
Prime Insight: OSP vs. Kpebu and petitions to remove EC boss to dominate discussions this Saturday
5 hours -
Multimedia’s David Andoh selected among international journalists covering PLANETech 2025 in Israel
6 hours -
Gov’t prioritising real action over slogans – Kwakye Ofosu
7 hours -
England are tough, but we can play against Ghana, Panama – Croatia coach reacts to World Cup draw
8 hours -
Togbe Afede urges Ghanaians to support made-in-Ghana products
8 hours -
We can beat anyone – Otto Addo reacts to World Cup draw
8 hours
