The registered user base for internet banking witnessed a notable increase of 16.40%, rising from 970,435 in 2021 to 1,129,387 in 2022.

According to the Bank of Ghana’s Payment Systems Oversight Annual Report 2022, the value of internet banking transactions demonstrated a substantial uptick of 43.03%, reaching ¢80.43 billion in 2022, compared to the ¢56.23 billion recorded in 2021

Similarly, registered mobile banking customers experienced a growth of 15.38%, surging from 5,845,960 in 2021 to 6,745,337 in 2022.

Likewise, the value of mobile banking transactions was estimated at ¢38.47 billion in 2022, reflecting a growth of 47.34% from ¢26.11 billion in 2021.

However, the cumulative number of ATMs deployed by banks witnessed a marginal decline of 0.97%, decreasing from 2,278 in 2021 to 2,256 by the end of December 2022.

Conversely, the number of POS devices increased by 6.13%, rising from 12,643 at the end of December 2021 to 13,418 in December 2022.