Ghana
Payment Methods

Market overview

Ghana, a nation of 31 million people, boasts a vibrant economy fueled by a fast-growing, youthful population that is globally and digitally connected. With a projected total transaction value expected to soar, the country’s fintech market is poised for remarkable growth. By 2028, the ‘Digital Payments’ segment alone is forecast to witness a substantial increase, reflecting Ghana’s embrace of innovative financial technologies and its journey towards a digitally inclusive future. 

Payment methods supported per country
Mobile money payments
Bank card payments
Bank account payments
Cash payments

Pix

Virtual bank account
Global & local card schemes & wallets

Mobile money

Cards

Digital wallets

Online payment platforms

Bank transfers

Proportion of population using digital payments over one month (Findex 2021)

66%

Proportion of population using digital payments at least once a week

19%

Digital payments users in 2019-2028 (in millions)

2019

4.92

2020

6.36

2021

7.6

2022

9.32

2023

10.85

2024

12.3

2025

13.5

2026

14.65

2027

15.85

2028

17.22
Banks in Ghana

Bank of Ghana

Ecobank Ghana

Fidelity Bank

Financial Solutions Providers and Advisers

First Atlantic Merchant Bank Ltd

Ghana Banking Awards

Ghana Commercial Bank

Ghana Home Loans

Ghana Interbank Payment and Settlement Systems

Ghana International Bnak Plc

GhanaForex

Guaranty Trust Bank (Ghana) Ltd

HFC Bank Ghana

National Investment Bank

SG-SSB Ltd

Stanbic Bank Ghana

The Trust Bank Limited

Zenith Bank Ghana

Mobile carriers in Ghana

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