Mobile money transactions in Ghana have surged further, reaching a total value of GH¢493.2 billion in April 2026, according to the latest Summary of Economic and Financial Data for May 2026 released by the Bank of Ghana.
The data shows that the transactions involved about 967 million individual transfers, marking a continued expansion of the country’s fast-growing digital payments ecosystem.
The figure represents an increase from GH¢484.6 billion recorded in March 2026, underscoring sustained momentum in mobile financial services across the country.
The report indicates that registered mobile money accounts climbed to 83 million in April 2026, up from 80.5 million in December 2025. Active accounts stood at 26 million during the period.
The agent network also expanded significantly, with registered agents rising to 992,000, while active agents increased to 534,000, reflecting deeper penetration of mobile money services across both urban and rural communities.
Mobile money float balances rose to GH¢36.7 billion in April, up from GH¢35.4 billion in March, suggesting increased liquidity circulating within the digital payments space.
The report also highlights growing interoperability activity, with mobile money interoperability transactions reaching GH¢5.8 billion from 31.7 million transactions in April.
Beyond mobile money, other electronic payment systems also recorded strong activity:
- Cheque clearing transactions reached GH¢36.6 billion across 413,000 transactions
- Automated Clearing House (ACH) Direct Credit transactions totalled GH¢13.5 billion from 816,000 transactions
- Ghana Interbank Payment and Settlement Systems Instant Pay recorded a sharp rise to GH¢79 billion in April 2026, up from GH¢71.5 billion in March, with nearly 19.9 million transactions processed
Analysts say the sustained growth reflects Ghana’s accelerating shift toward a cash-lite economy, driven by increased smartphone usage, fintech innovation and expanded agent networks.
The data also reinforces the growing importance of digital financial services in supporting commerce, remittances and everyday transactions across the country.
Source: Wesleyannews.com
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