MTN Ghana Mobile Money transaction value grows 44.4%

MTN Ghana's Mobile Money (MoMo) platform experienced a significant 44.4% increase in transaction value during the first half of 2026, as compared to the previous year. This growth in transaction value was accompanied by a 3.1% rise in active MoMo users and a 23.3% increase in both transaction volumes and MoMo revenue, according to David Gyimah Boadi, General Manager for Southern Ghana at MTN Ghana.

During a Regional Media and Stakeholder Engagement Programme held in Ho, in the Volta Region, Mr Boadi highlighted that the MoMo platform has transformed from a mere payment service into a platform that fosters financial inclusion and provides economic opportunities for individuals, households, and businesses alike. He emphasized MTN Ghana's ongoing commitment to customer education and the enhancement of security measures to safeguard users from potential fraud and cybercrime risks.

Boadi urged customers to protect their personal information, such as personal identification numbers (PINs) and passwords, to mitigate their vulnerability to cyber threats. He reiterated that cybersecurity is a shared responsibility, necessitating vigilance and collaboration between service providers and users. MTN Ghana is dedicated to advancing digital and financial inclusion, supporting SMEs, and equipping young people with the necessary skills to thrive in the digital economy.

The company's broader investments in telecommunications infrastructure and digital services aim to connect more communities to opportunities and contribute to Ghana's socio-economic development. The engagement session brought together stakeholders from state institutions and media organizations to discuss MTN Ghana's operations, investments, and contributions to national progress, as reported by GNA.