Ghana’s payments landscape is shifting further toward a cash‑light future, with data from the Bank of Ghana showing a sharp rise in Point of Sale (POS) terminals across the country over the past year.
Figures from the central bank’s Summary of Macroeconomic and Financial Data reveal that 16,373 POS terminals were deployed nationwide as of June 2025, up from 14,370 a year earlier.
That 14% jump, equivalent to more than 2,000 new terminals, underscores an accelerating drive by banks and payment service providers to expand digital transaction points and reduce reliance on cash.
POS terminals, the small electronic machines you tap, swipe or insert your bank card into when paying for groceries, fuel, or even a meal, have quietly become the frontline tools of Ghana’s cashless agenda.
Their growing presence in supermarkets, restaurants, pharmacies and even rural shops signals how everyday transactions are being pulled into the digital fold.
The rollout hasn’t been entirely smooth. While the network saw its largest single‑month jump in March 2025, with an impressive 757 new terminals, there were occasional dips, most notably in February 2025, when the number of active terminals fell by 606, likely due to replacements or maintenance taking older machines out of circulation.
After that dip, deployment bounced back strongly, adding more than 1,200 terminals between March and June, proof that banks, fintechs and merchants are investing heavily to keep up with demand for electronic payments.
Meanwhile, ATM numbers have barely moved, inching from 2,277 in June 2024 to 2,266 in June 2025, underscoring how the expansion of Ghana’s payments infrastructure is now firmly tilted toward merchant‑level devices rather than cash‑dispensing machines.
In just one year, Ghana’s POS network has grown by over 2,000 devices, giving more people the chance to pay digitally at the point of purchase.
For consumers, that means fewer trips to the ATM, less need to handle cash, and more seamless payments, a steady but transformative shift in how money moves through the economy.
