Ghanaians are keeping more money in their mobile money wallets than ever before, as total wallet balances reached a record GH¢40 billion in June 2026, highlighting the growing importance of digital financial services in everyday economic activities.
New data from the Bank of Ghana’s payment systems report shows that mobile money float balances increased from GH¢28.9 billion in June 2025 to GH¢40 billion in June 2026, representing an annual growth of more than 38%.
The rise indicates that mobile money wallets are no longer used only for sending and receiving funds. Increasingly, individuals, households, informal traders and small businesses are relying on them as a convenient way to store money and manage daily financial needs.
The growth also reflects rising confidence in digital payment platforms as more Ghanaians embrace cashless transactions for purchases, business operations, bill payments and emergency expenses.
Beyond wallet balances, Ghana’s mobile money ecosystem continued to record strong expansion during the period. Registered mobile money accounts increased to 84.6 million in June 2026, up from 76.4 million a year earlier, while active accounts rose to 26.4 million.
Transaction volumes also remained strong, reinforcing mobile money’s role as a major driver of retail economic activity.
In June alone, mobile money platforms processed 954 million transactions valued at GH¢492.9 billion. The transactions covered a wide range of activities, including merchant payments, salary payments, bill settlements, remittances and person-to-person transfers.
The sector’s agent network also recorded significant growth, with registered mobile money agents crossing the one-million mark for the first time to reach 1.016 million. Active agents increased to 546,000, improving access to digital financial services across both urban and rural communities.
Interoperability between mobile money networks also continued to improve. During the month, Ghanaians completed 33 million cross-network transactions valued at GH¢6.2 billion, allowing users to transfer funds more easily between different service providers.
The latest figures underline mobile money’s growing role beyond payments, with the platform becoming a key part of Ghana’s financial system by supporting savings, commerce and financial inclusion.
As more people adopt digital financial services, mobile money is expected to remain a major force in Ghana’s transition towards a more connected and digitally driven economy.
