Mobile money (MoMo) transactions in Ghana rose sharply to GH¢518.4 billion in December 2025, marking the highest monthly value for the year, data from the Bank of Ghana indicates.
The increase was driven by festive-season consumer spending and the continued expansion of digital payment usage. Transaction volumes also grew, reaching 982 million in December, up from 892 million recorded in November.
Mobile money adoption continued to strengthen in December, with active accounts increasing to 26.7 million, compared with 25.5 million in November, while total registered accounts climbed to **80.5 million.
The expansion was supported by growth in the agent network, which reached 491,000 active agents at the end of the year, reinforcing access to digital financial services.
The value of funds held in mobile money wallets reached GH¢39.6 billion in December, the highest for the year, reflecting stronger liquidity conditions and increased confidence in digital wallets.
Interoperable mobile money activity also strengthened, with transaction values rising to GH¢5.8 billion from GH¢4.9 billion in November, largely due to higher cross-network transfers during the holiday season.
December data shows that traditional payment instruments remained marginal compared with mobile money. Cheque payments amounted to GH¢37.3 billion, while electronic channels, including GhIPSS Instant Pay, recorded GH¢73.3 billion in transaction value.
The figures reinforce mobile money’s position as the cornerstone of Ghana’s retail payments system, with festive-season demand, rising smartphone use and continued agent network expansion expected to support growth in the year ahead.
