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
-
Centre of the World Golf Club to host PGA Heritage Cup
13 minutes -
National Women’s Summit 2026 to feature Geisha Speed Mentoring session
18 minutes -
Scholars launch restitution Africa forum in Accra, call for cultural and intellectual reclamation
23 minutes -
CLOGSAG strike could cause irreversible losses for public – Yiadom Boakye Amponsah
26 minutes -
Kumasi Zoo partners to revive monkey species threatened by deforestation
27 minutes -
MTN Impact Session to empower entrepreneurs at National Women’s Summit 2026
30 minutes -
Stars of The Future to return for women only – Theresa Ayoade
34 minutes -
GHPAC hosts independence cocktail celebrating Ghana–diaspora ties
36 minutes -
Bridget Bonnie leads launch of The GH London Mission magazine to strengthen Ghana–Diaspora engagement
51 minutes -
MPs in Australia reject call for under-16s social media ban, backing more flexible powers
51 minutes -
Fuel tanker crash blocks Accra-Kumasi highway; Fire Service warns of explosion risk
57 minutes -
Labour Consultant urges urgent attention to industrial relations amid CLOGSAG strike
58 minutes -
Congo FA President Blaise Mayolas handed life prison sentence for embezzling COVID funds intended for women’s football
1 hour -
SWESCO alumni alarmed as headmistress is transferred amid alleged political interference
1 hour -
MiDA moves to transform Volta corridor into agro-industrial powerhouse
1 hour
