MTN Ghana’s Mobile Money Transaction Value Surges 44.4% as Digital Finance Expands

MTN Ghana has recorded a significant increase in the value of transactions processed through its Mobile Money (MoMo) platform, highlighting the growing adoption of digital financial services across the country.

The telecommunications company reported a 44.4 per cent year-on-year increase in MoMo transaction value during the first half of 2026, reflecting the platform’s expanding role in everyday financial activities.

The figures were disclosed by David Gyimah Boadi, General Manager for Southern Ghana at MTN Ghana, during a Regional Media and Stakeholder Engagement Programme held in Ho in the Volta Region.

Beyond the growth in transaction value, MTN Ghana recorded a 3.1 per cent increase in active MoMo users over the same period. Transaction volumes and MoMo revenue also increased by 23.3 per cent each.

The performance points to the increasing reliance on mobile-based financial services by individuals, traders and businesses seeking convenient ways to transfer money, make payments and conduct financial transactions.

MoMo expands beyond traditional money transfers

Speaking at the engagement, Mr Boadi explained that Mobile Money had evolved beyond its original function as a platform for sending and receiving money.

He described the service as an important gateway to financial inclusion and economic opportunities, particularly for individuals and businesses that depend on accessible digital payment solutions.

The growing use of MoMo also reflects broader changes in Ghana’s financial landscape, where mobile technology is increasingly supporting commercial activities and reducing dependence on cash-based transactions.

For small and medium-sized enterprises, digital payment platforms provide an additional channel for receiving payments and managing everyday business transactions.

MTN prioritises customer protection and cybersecurity

Despite the expansion of digital financial services, MTN Ghana has emphasised the importance of strengthening security and protecting customers against fraud.

Mr Boadi urged users to safeguard their personal identification numbers (PINs), passwords and other sensitive information to reduce their exposure to cybercrime.

He stressed that cybersecurity required shared responsibility between service providers and customers, particularly as more financial activities moved onto digital platforms.

MTN Ghana says it will continue investing in customer education and security measures while supporting the development of a safer digital financial ecosystem.

Focus on financial inclusion and digital opportunities

The company also reaffirmed its commitment to promoting financial inclusion, supporting small and medium-sized businesses and equipping young people with the skills required to participate in the digital economy.

The latest MoMo figures come amid MTN Ghana’s broader efforts to strengthen its telecommunications infrastructure and expand access to digital services nationwide.

As mobile technology continues to shape how Ghanaians conduct business and manage their finances, the sustained growth of Mobile Money is expected to remain an important part of the country’s digital transformation.

The challenge ahead will be to ensure that the increasing adoption of digital payments is matched by stronger consumer protection, improved accessibility and greater public awareness of online financial risks.