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
-
Police nabs 3 drug suspects in Tamale
21 minutes -
The surprising benefits of a glass of orange juice
22 minutes -
31 remanded over invasion of Apamprama Forest Reserve
30 minutes -
One year of President Mahama: Leadership that rebuilt trust – Dr Callistus Mahama writes
46 minutes -
Anthony Joshua’s driver charged over Nigeria crash that killed two
59 minutes -
Joseph Ayinga-Walter: Ode to Melita Happy Kutorkor Antiaye
1 hour -
Christians usher in 2026 with prayers, declarations and renewed hope
1 hour -
Ahmed Ibrahim rallies traditional, religious leaders support for peace building
1 hour -
Bus returning from 31st night prayer kills 2, injures dozens at Assin Dansame
1 hour -
Political parties must stay out of local governance – Andrew Bediako
1 hour -
Beyond Witchcraft: Why preparation, not spiritual fear, determines success
1 hour -
Margaret Korme Tetteh
2 hours -
Sammy Gyamfi’s work at Goldbod in few months would take someone five years – Ato Forson
2 hours -
From Accra to Wuzhen: The Ghanaian schoolgirls making their mark in global AI
2 hours -
Ghana must prioritise value addition to sustain IMF gains – Prof Asuming
3 hours
