$1.7 Trillion in Transactions: A Record-Breaking Year 

Mobile money transaction value reached $1.7 trillion globally in 2025, reflecting a 16% year-over-year growth. This surge confirms how deeply embedded mobile financial services have become in users’ daily lives. In many markets, mobile money is no longer a secondary option, it is the primary way to transfer funds, pay bills, and access digital services. 

Global User Base Keeps Expanding 

With a 14% increase in registered mobile money accounts, the reach of mobile financial services continues to grow, especially in regions underserved by traditional banking. This expansion is largely fueled by partnerships between telecom operators, fintechs, and local governments, who are working together to build inclusive, accessible ecosystems. 

West Africa Remains A Growing Epicenter of Mobile Finance 

West Africa stands out once again, with registered accounts growing by 19%, transaction volumes up by 21%, and transaction value increasing by 15%. These strong figures underscore the region’s dynamic evolution, supported by improved infrastructure, localized services, and the growing availability of value-added offerings, from digital content to utility payments. 

Merchant Payments on the Rise 

In 2025, merchant payments reached $100 billion globally, marking a 21% growth. While, the average transaction per active account may be modest at $3.51, this figure highlights the increasing use of mobile money for day-to-day purchases. Moreover, this shift indicates growing user trust in the technology, and a maturing ecosystem where even micro-merchants are part of the digital economy. 

A $720 Billion Contribution to Global GDP 

Mobile money’s economic impact is now estimated at $720 billion, thereby contributing significantly to global GDP with a 12% annual growth rate. Beyond convenience, mobile money has become a powerful enabler of economic resilience and inclusion, especially in low- and middle-income countries where digital finance is often the fastest path to participate in the formal economy. 

Looking ahead, the mobile money sector in 2025 remains a key driver of financial transformation. Its sustained growth shows not only how adaptable and scalable the model is, but also how essential it has become to building inclusive economies. As a result, as adoption deepens, the role of mobile money will likely evolve even further, integrating more closely with e-commerce, insurance, and government services.

Sources: 

All data comes from GSMA’s annual mobile money report: 2025