Number of debit cards issued by banks decreased by 11.8% to over 5m in 2025
The number of debit cards issued by banks decreased by 11.8% to 5,709,937 in 2025 from 6,474,537 in 2024. According to the Bank of Ghana, the decline in the number of debit cards was mainly due to the destruction and withdrawal of expired cards. In contrast, credit cards issued in 2025 increased by 4.8% to […]
In 2025, banks issued 5,709,937 debit cards, marking an 11.8% decrease from the 6,474,537 cards issued the previous year, according to the Bank of Ghana. The decline was primarily attributed to the destruction and withdrawal of expired cards. Conversely, credit card issuance rose by 4.8% to 71,629 in 2025, up from 68,380 in 2024.
This growth was attributed to the expansion of credit card services across the industry. Additionally, prepaid card issuance decreased by 31.8% to 403,582 in 2025, down from 591,502 in 2024. Meanwhile, Ghana's mobile money industry experienced robust growth, with the number of active mobile money customers increasing by 13.6% to 26.7 million in 2025, up from 23.5 million in 2024.
The Central Bank highlighted that the industry's strong growth demonstrated the resilience and continued expansion of Ghana's mobile money ecosystem.
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