Number of debit cards issued by banks decreased by 11.8% to 5.7m in 2025
According to the 2025 Payment Systems Oversight Annual Report the total number of prepaid cards issued also declined by 31.8% to 403,582 from 591,502 over the same comparative period.
In 2025, the number of debit cards issued by banks in Ghana decreased by 11.8% to reach 5,709,937, according to the Bank of Ghana. This decline was primarily attributed to the destruction and withdrawal of expired cards. Meanwhile, credit card issuance saw a 4.8% increase, totaling 71,629 cards, driven by the expansion of credit card services across the industry.
However, prepaid card issuance declined significantly by 31.8% to 403,582, down from 591,502 in 2024. The mobile money sector, on the other hand, experienced strong growth and resilience, with the number of active mobile money customers increasing by 13.6% to 26.7 million in 2025 from 23.5 million in 2024. This growth highlighted the robustness and ongoing expansion of Ghana's mobile money ecosystem, as reflected in the industry's Key Performance Indicators and structural developments.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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