Mobile Money Interoperability Hits A Record GH¢4 Billion in Transaction Value

Ghana’s mobile money sector reached a significant milestone in April 2025, recording the highest-ever interoperability usage since the platform’s inception. According to data released by the Bank of Ghana, interoperability transactions, those that allow users to send and receive money across different mobile networks and between bank accounts and wallets, soared to GH¢4.0 billion in value with 23.1 million individual transactions.

This record-breaking growth marks a substantial leap from the 16.1 million transactions recorded in April 2024, and reflects a consistent month-on-month increase over the past year. Transaction counts rose steadily through the latter half of 2024, averaging around 18 to 19 million monthly, before jumping to over 22 million in March 2025, and now surpassing 23 million.

Mobile money interoperability has become a crucial part of Ghana’s digital payments ecosystem, eliminating previous limitations that restricted transfers within a single mobile network. Today, users can move funds seamlessly from MTN to Vodafone, AirtelTigo to a bank account, and vice versa, a transformation that has significantly boosted financial inclusion and digital convenience.

April’s spike in activity also coincides with renewed public confidence in digital platforms, partly driven by policy shifts such as the rollback of the unpopular electronic transaction levy (e-levy). The decline in e-levy-related deductions is believed to have encouraged greater use of formal digital channels, particularly for high-frequency, cross-platform transactions.

The surge underscores a broader shift toward a cash-lite economy, as consumers increasingly turn to mobile money for everyday payments, remittances, and business transactions. With the infrastructure now supporting interoperability at scale, digital transactions have become not only more accessible but also more trusted by the average user.

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