Ghana’s mobile money transactions reached GH¢447.4 billion in Febuary 2026, demonstrating the platform’s supremacy as the nation’s go-to method for digital payments and financial inclusion.
Mobile money usage has been steadily increasing, according to data from the Bank of Ghana’s most recent Summary of Economic and Financial Data, which was released on March 17, 2026. The February figure is significantly higher than the GH¢316.2 billion recorded during the same period last year.
Mobile money platforms handled 899 million transactions throughout the month, according to the central bank’s comprehensive report, which offers an overview of the country’s financial and economic situation.
The year-over-year comparison shows strong growth—up from 698 million transactions in February 2025—even if this marks a reduction from the 949 million transactions recorded in January and the 982 million peak recorded in December 2025.
The infrastructure that supports Ghana’s mobile money ecosystem is still growing; in February 2026, there were 976,000 registered agents, up from 896,000 in the same month the previous year.
More importantly, within the same time period, the number of active agents—those who routinely facilitate transactions—rose from 411,000 to 515,000, suggesting increased grassroots involvement.
In February, the amount in mobile money float accounts was GH¢33.9 billion, which was much more than the GH¢27.9 billion reported in February 2025 but a minor decrease from GH¢35.6 billion in January.
Transactions via the interoperability platform between several mobile money networks are still gaining traction.
Interoperability transactions increased in value from GH¢2.9 billion in the same time last year to GH¢4.9 billion in February.
Over the same period, the number of these transactions rose from 19.7 million to 27.2 million, indicating the increasing ease of use of digital payments.
According to the research, the number of registered mobile money accounts increased from 81.2 million to 81.8 million in February, highlighting the ongoing growth of digital financial access.
The number of active accounts, which the central bank defined as those that had at least one transaction in the previous ninety days, was 26.5 million, indicating a sizable base of frequent users.
The Bank of Ghana’s more comprehensive macroeconomic and financial statement, which also included lowering inflation trends, interest rate fluctuations, exchange rate developments, and capital market performance, includes the mobile money data.
As of February 2026, the GSE Composite Index, for example, has grown by an astounding 46.7% year to date, with market capitalisation reaching GH¢235.7 billion.
Even though transaction volumes exhibit seasonal swings, the February data demonstrate the continued importance of mobile money as a major force behind digital payments and financial inclusion in Ghana’s changing payment systems landscape.
Source: newsthemegh.com