Payment Solutions in Ghana
Ghana’s payment ecosystem is undergoing a digital transformation, led by the rapid adoption of mobile money and increased use of bank transfers. In 2023, mobile money transactions reached GHS 1.91 trillion—an 82% increase from the previous year—with a total of 6.8 billion transactions processed. Services like MTN MoMo, Vodafone Cash, and AirtelTigo Money have become essential tools for both personal and business payments, supported by over 73 million registered accounts and more than 22 million active users by the end of 2024.
Alongside mobile wallets, bank transfers continue to gain traction, driven by Mobile Money Interoperability (MMI), which enables seamless transfers between wallets and bank accounts. The value of MMI transactions rose from GHS 2.3 billion in late 2023 to GHS 3.1 billion in 2024. This growth, combined with the expansion of POS infrastructure, reflects Ghana’s ongoing shift toward a more connected, cashless economy.
35.1 million
24.3 million
GHS
$1.04 billion
$82.2 billion
$2,519.14
UBank Connect provides businesses in Ghana with a powerful and flexible payment platform that supports the country’s most trusted and widely used payment methods, including MTN Mobile Money, AirtelTigo Money, Vodafone Cash, and secure local bank transfers. Our seamless integration ensures fast, reliable, and secure transactions tailored to Ghana’s mobile-first economy. Whether you’re serving customers online or in person, UBank Connect simplifies the payment experience for both merchants and users. Start scaling your business with payment solutions built for Ghana’s dynamic digital landscape—get started with UBank Connect today.
Discover how UBank Connect can enhance your payment solutions in Ghana. Contact us today to learn more about how we can support your business. Let’s connect and take your payment processes to the next level.
Dubai
Business Center 1, M Floor, The Meydan Hotel. Nad Al Sheba, Dubai, U.A.E.
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