The total value of mobile money transactions in Ghana reached GHC 323.2 billion as of June 2025. This marks a decline of 10.2 per cent from the previous month’s figure of GHC 360 billion, according to the Bank of Ghana’s Summary of Economic and Financial Data for July 2025.

On an annual basis, however, the data shows significant growth. In June 2024, the value of mobile money transactions was GHC 224 billion.

This represents a year-on-year increase of more than GHC 99 billion, or approximately 44.3 per cent, highlighting continued expansion in digital financial activity. The number of mobile money transactions also fell slightly in June.

A total of 735 million transactions were recorded, down from 796 million in May. This represents a 7.7 per cent drop in transaction volume month-on-month. Despite this dip, transaction numbers remain well above levels from a year ago.

In June 2024, 644 million mobile money transactions were recorded. The latest figures reflect a 14.1 per cent year-on-year growth in transaction volume.

The data also shows that registered mobile money accounts reached 76.4 million, with 24.5 million active users in June. The float balance, representing the value of funds held in mobile wallets, increased to GHC 28.9 billion.

While activity dipped slightly from the previous month, the strong year-on-year growth in both value and volume suggests sustained demand for mobile financial services.