Audio By Carbonatix
The total value of mobile money accounts held with commercial banks ending June this year witnessed a significant increase.
Its value now stands at GH¢3 billion compared to GH¢2.1 billion for the same period last year.
The statistics released by the Bank of Ghana covered entire mobile money payments and electronic transactions over the last seven years.
The data showed that the value of mobile money transactions was GH¢140 billion ending June 2019, compared to GH¢104 billion for the same period in last year.
When it came to the total Mobile Money accounts in the country, the Bank of Ghana puts the value at GH¢12.9 million ending June this year, up by 9 per cent.
Active mobile money agents also stood at 180 000 for the first half of 2018, representing a 4 per cent jump.
Total Mobile Voice Subscriptions based on figures from the National Communication Authority (NCA) was GH¢40.9 billion.
On Mobile Number Interoperability, as at the first half of this year, GH¢2.7 billion transactions have been carried out on this new platform, value end at GH¢217 million.
Based on the Bank of Ghana Data, the value of E-Zwich transaction for the first half of this year was GH¢2.5 billion, however, this represents a slight decline from what it recorded for same half of 2018.
The total number of E-Zwich Cards issued ending June this year also stood at 2.8 million.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
51km of Accra-Kumasi Expressway corridor cleared; compensation plans underway – Finance Minister
1 minute -
AfDB forecasts 5% GDP growth for Ghana as macroeconomic indicators strengthen
4 minutes -
Menstrual poverty: United Pension Trustees calls for an end to menstruation stigma
27 minutes -
Vaccine survey reveals strong public confidence as Ghana pushes local manufacturing agenda
32 minutes -
Ghana Navy, NPA intensify crackdown on illegal fuel smuggling network
32 minutes -
Weija Dam spill gates opened as Ghana Water warns of flood risk
39 minutes -
See shimmering new satellite image of Lake Bosomtwe showing gold glitters surrounding it – Earth from space
48 minutes -
ECG restores power at Tanyigbe SHS after week-long outage
58 minutes -
Bolivian president warns country at ‘breaking point’ after month of protests
2 hours -
Jill Biden says she thought husband was having a stroke during 2024 debate
2 hours -
Countries tighten travel rules as Ebola risk rises
2 hours -
Gold hits two-month low as US-Iran tension stokes inflation fears
2 hours -
Toyota sales drop for third month on declines in China, Middle East
2 hours -
Trump refiles $10bn defamation suit against WSJ over report on Epstein ties
2 hours -
Kenya school fire kills at least 10 students, media say
2 hours