Audio By Carbonatix
The total value of mobile money transactions in the first two months of 2025 increased to GH¢649.2 billion.
This represented a year-on-year growth of 64.68%.
In the first two months of 2024, the total value of mobile money transactions was estimated at GH¢394.2 billion.
According to data from the Bank of Ghana, the value of mobile money transactions in January 2025 was GH¢333 billion.
It however fell to GH¢316.2 billion in February 2025.
This is despite the existence of the Electronic Transaction Levy (E-levy) which was abolished by the new government last week.
Analysts are anticipating that mobile money transactions would go up further, bolstering the financial technology space.
Meanwhile, the total number of registered mobile money accounts stood at 74.1 million, compared with 66.9 million during the same period in 2024.
The registered agents were however estimated at 896,000, but the active agents were 411,000.
In 2024, the total value of mobile money transactions hit a record GH¢3.0192 trillion, about 57.90% growth year-on-year.
Latest Stories
-
Ghana Impact Project donates $20k to restore mobility for children
12 minutes -
JoyNews’ Kwaku Asante named Best Radio and TV Journalist in Parliamentary Reporting
1 hour -
Education Ministry updates EMIS indicators to strengthen ICT integration in schools
2 hours -
Interior Ministry declares Christmas, Boxing Day and New Year’s Day public holidays
2 hours -
President Mahama directs Finance Ministry to disburse $78m for completion of Takoradi–Agona-Nkwanta road
2 hours -
Interior Minister lauds NIA staff for dedication, pledges continued government support
2 hours -
First Atlantic Bank will run a “proper and decent business” to protect shareholder value – CEO
3 hours -
First Atlantic Bank targets African expansion as IPO strengthens capital, governance
3 hours -
First Atlantic Bank CEO attributes IPO and GSE listing decision to renewed confidence in Ghana’s economy
3 hours -
GPL 2025/26: Bechem United end All Blacks 6-game unbeaten run
3 hours -
Eggs fly off shelves as shoppers throng The Multimedia Group’s X’mas Egg Market on final day
4 hours -
Bankable energy: Why Africa’s downstream sector is the next global investment frontier
4 hours -
Working Capital Management: Do’s and don’ts to consider for 2026
5 hours -
Gold Fields Ghana Foundation empowers youth through education and skills training
5 hours -
Gov’t hid study showing lithium refining can’t be done in Ghana- Bright Simons
5 hours