Mobile Money Transaction Values Hit $1.68 trillion
- The mobile money industry exceeded two billion registered accounts and over 500 million active monthly users for the first time in 2024.
- Mobile money users conducted approximately 108 billion transactions in 2024, totaling more than $1.68 trillion in value.
- Year-on-year, transaction volumes grew by 20%, while transaction values rose by 16%.
The rapid growth of the mobile money industry highlights its critical role in enhancing financial inclusion, yet the persistent gender gaps indicate a need for targeted initiatives to ensure equitable access. Continued investment in digital literacy and supportive regulatory frameworks will be essential for sustaining this momentum and unlocking the full potential of mobile money.
