Total value of payment transactions increased to GH¢9.45trn in 2025, but cheque transactions fall
Meanwhile, in recent years, the volumes of interbank cheques cleared have been on the decline due to the increased adoption of digital payment methods. This trend continued in 2025.
In 2025, the total volume of transactions within the Ghana Interbank System (GIS) decreased to 1,247,975, a decline from 1,334,492 transactions in 2024, according to the 2025 Payment Systems Oversight Annual Report. Remarkably, the total value of these transactions surged to a record GH¢9.45 trillion, up from GH¢6.13 trillion in the previous year. The average value of each transaction also rose by 64.7%, reaching an impressive GH¢7,572,843 in 2025.
The Bank of Ghana attributes this robust performance to increased economic activity and a growing number of financial institutions utilizing the GIS platform. However, a concerning trend of declining interbank cheque transactions persists. The volumes of cleared cheques fell by 265,641 in 2025, marking a 4.8% decrease from the 0.2% decline observed in 2024.
While the total value of cheque transactions increased by 7.9% to GH¢415.20 billion from GH¢385.00 billion, the growth was modest compared to the 31.0% surge recorded in 2024. The average value per cheque transaction also saw a 13.3% rise to GH¢79,067.32 in 2025.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
