Internet banking transactions hit GH¢383.82bn in 2025

In 2025, internet banking transactions in Ghana recorded an impressive growth of 80.7%, reaching a total value of GH¢383.82 billion, up from GH¢212.44 billion in the previous year. The report, released by the Payment Systems Oversight in 2025, also revealed a significant increase in the volume of transactions, growing from 26,063,456 in 2024 to 47,587,105 in 2025.

This trend was echoed in the mobile banking sector, where both the value and volume of transactions saw substantial growth. The value of mobile banking transactions surged by 130.5% year-on-year in 2025, while the number of transactions increased by 31.6%. These figures demonstrate the increasing public trust in digital fund transfer services and highlight a broader shift from cash-based transactions to more efficient cashless payment channels.

The Bank of Ghana attributed this transformation to continuous technological innovation, proactive banking sector initiatives, and strong regulatory support. They noted that Ghana's electronic payment landscape has undergone significant changes, with Automated Teller Machines (ATMs) and Point of Sale (POS) terminals playing crucial roles in this transition towards a more efficient cash-lite economy.