Transactions through Ghana’s mobile money interoperability system climbed to GHC 4.9 billion ($364 million) in August, the highest so far in 2025, extending a rebound that began in July after a dip in June, central bank data showed.
The August figure represented a 4.3% rise from GHC 4.7 billion in July, and a 25.6% increase compared with GHC 3.9 billion in June, when activity slowed. In May, the transaction value stood at GHC 4.5 billion.
The number of cross-network transfers also grew, rising to 26.4 million in August, up from 26.0 million in July and 23.3 million in June. This marked an increase of 1.5% month-on-month and 13.3% over June levels.
The service, launched in 2018, enables customers to send and receive money across different mobile networks and between mobile wallets and bank accounts, eliminating the earlier restriction of being limited to a single operator.
It has become a cornerstone of Ghana’s payment system, deepening financial inclusion, cutting transfer costs, and supporting the shift toward a cash-lite economy.
Overall mobile money usage mirrored the upward trend. The total number of transactions across all platforms reached 831 million in August, compared with 778 million in July, while the total value stood at GHC 354.1 billion.
Registered mobile money accounts rose to 77.7 million in August, from 70.5 million a year earlier, while active accounts climbed to 25.1 million. The network of agents also expanded, with 938,000 registered nationwide.
Interoperability improves access to digital financial services in both urban and rural areas, helps formalize transactions that were previously cash-based, and strengthens the resilience of the country’s payments infrastructure.
With August setting a new high for both value and volumes, the system has reinforced its role in everyday transactions such as remittances, retail purchases, bill payments, and salary disbursements.
