Total mobile money transaction value hits GH¢3.8trn as of August 2026

In August 2028, the total value of mobile money transactions in Ghana reached an impressive GH¢3.8 trillion, according to the latest data from the Bank of Ghana. This surge in mobile money usage suggests that many Ghanaians are increasingly relying on mobile money over traditional banking services. The growing popularity of e-money platforms presents significant opportunities within the financial technology sector.

Experts predict that by the end of 2025, the total value of mobile money transactions will surpass GH¢4.45 trillion, a figure that was recorded in 2025. The Bank of Ghana's September 2026 report revealed that mobile money transaction values in January 2026 were GH¢446.2 billion, which rose slightly to GH¢446.6 billion in February 2026.

The values continued to climb through March 2026, peaking at GH¢493.2 billion in April 2026, and then slightly increasing to GH¢494.0 billion in May 2026 before stabilizing at GH¢492.9 billion in June 2026.

The upward trend in mobile money transactions was maintained into July and August 2026, with values reaching GH¢509.4 billion and GH¢518.8 billion, respectively. In 2025, the total mobile money transaction values surged by 50.8% to reach GH¢4.54 trillion, up from GH¢3.01 trillion in 2024. This acceleration in transaction values highlights the growing significance of e-money platforms in facilitating economic activities.

As of August 2026, the number of active mobile money accounts stood at 26.4 million, a substantial increase from the 85.8 million registered accounts.