Mobile money transactions reached GH¢518.8 billion in August 2026, representing a continued expansion of digital financial activity in Ghana, according to the latest Bank of Ghana data.
The value of mobile money transactions increased from GH¢354.1 billion in August 2025 to GH¢518.8 billion in August 2026.
The number of transactions also rose from 831 million to 1.046 billion over the same period.
The latest figures mean that mobile money transactions exceeded one billion in a single month for the first time in the reporting period covered by the latest data.
Registered mobile money accounts increased to 85.8 million in August 2026 from 77.7 million a year earlier.
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Active accounts, however, stood at 26.4 million, while active agents increased to 594,000 from 433,000 in August 2025.
The Bank of Ghana defines active mobile money accounts as accounts that recorded at least one transaction during the preceding 90 days, while active agents are those that transacted at least once during the preceding 30 days.
The value of funds held in mobile money float stood at GH¢39.8 billion in August 2026, compared with GH¢28.4 billion a year earlier.
Mobile Money Interoperability transactions also increased during the period.
Transaction value under Mobile Money Interoperability reached GH¢6.5 billion in August 2026, compared with GH¢4.9 billion in August 2025.
The number of interoperability transactions increased from 26.4 million to 35.7 million.
Other digital payment channels also recorded significant activity.
GhIPSS Instant Pay recorded transaction value of GH¢95.06 billion in August 2026, compared with GH¢58.88 billion in August 2025.
The number of GhIPSS Instant Pay transactions increased to 20.5 million from 17.6 million over the same period.
The number of Point of Sale terminals deployed in the country also increased to 25,843 in August 2026 from 16,952 a year earlier.
The expansion of mobile money and other electronic payment channels reflects the growing role of digital payments in Ghana’s financial system.
The data also show that mobile money activity continues to account for a substantial volume of transactions across the economy, alongside traditional banking and other electronic payment systems.
