
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
-
Coca-Cola Bottling Company donates relief items to support flood-affected families in Tema West Municipality
6 minutes -
RUPAG rejects claims raw rubber export ban is hurting farmers, defends policy
8 minutes -
Integrity, adaptability key to career success, Absa Chief Risk Officer urges UESD students
22 minutes -
Absa Bank empowers Persons With Disabilities through financial literacy programme
27 minutes -
Mrs Essie Nyamekye Quainoo
31 minutes -
Interior Ministry recovers 73 assets linked to drug trafficking through intensified anti-narcotics operations
36 minutes -
Mahama’s first-year performance scores 4.9/10 in IERPP assessment
41 minutes -
YEA partners Ghana Digital Centres to train 2,000 youth in AI, cybersecurity and digital skills
53 minutes -
Cabinet to reconvene on Constitution review position paper
59 minutes -
Adom Brands formally petitions Ghana Armed Forces over alleged assault on reporter in Nkwanta South
1 hour -
Big Ghun donates educational materials to Makye Israel School in second Bigg Save Project
1 hour -
Ghana Campaign wins at 2026 IPRA Golden World Awards as global PR excellence takes centre stage
1 hour -
Galamsey could collapse Ghana’s cocoa industry – COCOBOD warns
1 hour -
1 in 5 districts face severe teacher shortages despite near-universal school enrolment – Report
1 hour -
Interior Ministry reviews Nkwanta South curfew hours amid ongoing conflict
2 hours