Ms Aminata Kane, Senior Vice President and Visa Head of Central and West Africa, said this volume of transactions was driven by widespread adoption of mobile money services, the proliferation of fintech solutions, and increasing consumer comfort with digital channels.

The data signals a robust and accelerating move away from a cash-dependent society towards the envisioned cash-light economy.
The achievement was announced at the Payments Industry Cybersecurity Summit 2025 in Accra.

The summit was a strategic collaboration between the Bank of Ghana and global digital payments leader, Visa.
The summit served as a platform to address the critical intersection of innovation and protection.

Ms Kane lauded Ghana’s progress, stating that the country is “a continental leader in digital payments, achieving an incredible growth in adoption over the past decade.”
She disclosed the scale of Ghana’s digital activity, revealing that the value of transactions amounted to GHS 27 billion every month.

This amount was substantial enough to pay the yearly salaries of nurses, teachers and many more, she said.

Ms Kane said Ghana’s strides in digital financial system illustrated the integration of digital payments into the core financial bloodstream of the Ghanaian economy.
She highlighted the collaboration between the central bank and Visa emphasising that the collaboration was focused on merging global expertise with local oversight to advance payment security, fraud prevention, and capacity building for banks and fintechs.

“The future of our financial ecosystem hinges on enhancing collective resilience,” Ms Kane said.

Mr Daniel Klu, the Deputy Director and Acting Head of Information Security at the Bank of Ghana, while celebrating the gains in digital inclusion, cautioned that the very innovations powering this revolution also introduced heightened security risks and vulnerabilities.
He emphasised that the central bank’s duty was to champion data protection and consumer safety without constraining innovation.

Mr Klu, therefore, outlined the strategy to protect the financial ecosystem.
“Key initiatives include the imminent issuance of a strengthened Cyber and Information Security Directive, the expansion of the protective umbrella of the Financial Industry Command Security Operations Centre, and the promotion of global cybersecurity standards across all regulated institutions,” he said.