The number of debit cards issued by banks decreased by 11.8% to 5,709,937 in 2025 from 6,474,537 in 2024. According to the Bank of Ghana, the decline in the number of debit cards was mainly due to the destruction and withdrawal of expired cards.

In contrast, credit cards issued in 2025 increased by 4.8% to 71,629 from 68,380 in 2024.

This was due to the expansion of credit card services across the industry.

According to the 2025 Payment Systems Oversight Annual Report the total number of prepaid cards issued also declined by 31.8% to 403,582 from 591,502 over the same comparative period.

Meanwhile, the mobile money industry in Ghana recorded strong growth and resilience in 2025, as reflected in Key Performance Indicators (KPIs) and notable structural developments that shaped the industry.

The number of active mobile money customers recorded significant growth in 2025, rising by 13.6% to 26.7 million in 2025 from 23.5 million in 2024.

The Central Bank said the stronger growth underscored the resilience and continued expansion of Ghana’s mobile money ecosystem.