{
  "id": 4786792,
  "title": "Total value of payment transactions increased to GH¢9.45trn in 2025, but cheque transactions fall",
  "url": "https://urgent.news/2026/09/01/total-value-of-payment-transactions-increased-to-gh-9-45trn-in-2025",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-01T04:35:22.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/total-value-of-payment-transactions-increased-to-gh%c2%a29-45trn-in-2025-but-cheque-transactions-fall/"
  },
  "original_language": "en",
  "account": "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.\n\nThe 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.",
  "summary": "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.",
  "key_points": [
    "Total transaction value in GIS reached GH¢9.45 trillion in 2025",
    "Cheque transaction volumes declined by 4.8% in 2025",
    "Average transaction value increased by 64.7% in 2025"
  ],
  "editors_take": "The surging total value of payment transactions in 2025, driven by increased economic activity and more financial institutions using the GIS platform, highlights a shift towards higher-value transactions in Ghana's payment systems.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Total value of payment transactions increased to GH¢9.45trn in 2025, but cheque transactions fall",
        "url": "https://urgent.news/2026/09/01/total-value-of-payment-transactions-increased-to-gh-9-45trn-in-2025-4788688",
        "published": "2026-09-01T04:35:22.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}