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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
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 transactions increased to 778 million in April 2025 from 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.
Source: newsthemegh.com