ACE Money Transfer
ACE Money Transfer
17 Sep 2026
Mobile money is the dominant payment method in Ghana, and its rise has reshaped how millions of people store, send, and receive funds easily across the country. As of mid-2026, Ghanaians hold a record GH¢40 billion in mobile money wallets. Back in January 2021, 39% of Ghanaians aged over 15 had mobile money accounts - today the ecosystem drives an adult financial inclusion rate over 80%, proving that mobile wallets in Ghana enhance financial inclusion for unbanked populations. Across Sub-Saharan Africa, mobile money services account for $2.5 billion in transactions daily in 2023.
A mobile money account is tied to a telco network like MTN, Vodafone, or AirtelTigo, allowing users to access financial services without a bank account. Broader digital wallets include fintech-led platforms such as Hubtel or Zeepay, and crypto wallets like Trust Wallet for digital assets. This article reviews the top 10 mobile wallets in Ghana by features, fees, and best use cases.
A mobile wallet in Ghana lets you store value on your phone, send money to loved ones, pay bills, receive payments including salary direct deposits, and withdraw cash through localized agent networks. Mobile wallets enable cash-in and cash-out services through over one million registered agents nationwide. Mobile money requires minimal documentation to open an account - typically just SIM registration and KYC with a Ghana Card. Funding methods include cash-in via agents, bank transfers, and international remittances from abroad.
Everyday use cases cover airtime, utilities, school fees, merchant QR payments, and peer-to-peer transfers to transfer money instantly. Mobile wallets are widely used for daily transactions and bill payments, with bill payment options directly from the wallet. Mobile money platforms allow users to save and earn interest on deposits, and mobile money services offering savings grew from 39% to 44% in 2023. Security features include PIN protection and transaction confirmations, plus biometric login on mobile apps. Ghana's mobile money interoperability allows seamless transfer across different networks, and the Ghana Interbank Payment and Settlement Systems (GhIPSS) manages this interoperability. Peer-to-peer transfers are instant and enable sending money regardless of network provider. Mobile wallets help reduce reliance on cash in Ghana, and mobile money improves safety for women receiving payments by eliminating the need to carry physical currency. The E-Levy tax, once applied to local electronic transfers, was repealed in April 2025.
Here is a snapshot of the 10 best mobile wallets in Ghana before the detailed reviews below.
MTN Mobile Money (MoMo) - Best overall mobile money wallet. Android, iOS, USSD. Supports mobile money, bank transfers, international remittances.
Vodafone Cash - Strong alternative with competitive fees. USSD and app. International remittances via partners.
AirtelTigo Money - Good for bundled telco services and P2P transfers. USSD and app.
Zeepay Mobile Wallet - Best for international remittances and cross-wallet transfers. Android, iOS.
GhanaPay Mobile Wallet - Bank-backed national wallet for digital payments and savings. Android, iOS.
Hubtel Wallet - Retail and merchant-focused payment app. Android, iOS. Multi-network mobile money support.
ExpressPay Wallet - Strong for online payments, bills, and card–wallet integration. Android, iOS.
Slydepay (Kowri) - Convenient small-business and everyday payment wallet. Android, iOS.
Chipper Cash - Cross-border P2P digital wallet with multi-country reach. Android, iOS.
Trust Wallet - Leading crypto mobile wallet for digital assets and Web3. Android, iOS.
Each wallet below is evaluated on features, fees, security, and ideal users. Mobile money accounts in Ghana can hold up to GHS 10,000 for standard tiers, with higher limits for merchant and business wallets.
MTN Mobile Money is the dominant payment method in Ghana, serving over 17 million users with the country's largest agent network. Access it via USSD (*170#) or the smartphone app. Key features include MoMo Pay QR for merchants, savings and loans via partner banks, and seamless international remittance inflows. You can send up to GHS 15,000 to MTN Ghana accounts. Sending peer-to-peer is free up to GHS 100, with cash-out fees around 1% for mid-range amounts. Security includes PIN, SMS confirmations, and the ability to block your wallet. It integrates smoothly with remittance apps such as ACE Money Transfer for direct deposits into MoMo wallets. Best for: everyone - from rural communities to urban consumers and businesses.
Vodafone Cash (now under the Telecel brand in some contexts) is a competitive alternative for P2P transfers, bill payments, and merchant payments. Accessible via USSD and the mobile app, it supports international remittances from connected partners. Fees are broadly comparable to MTN, with periodic free-transfer promotions. Best for: Vodafone subscribers, cost-conscious users, and small businesses that accept Vodafone Cash.
AirtelTigo Money (AT Money) serves customers across specific regions with mobile money for airtime, bills, merchant payments, and peer transfers. It offers savings and loans via partners, and promotional offers encourage cashless adoption. Best for: AirtelTigo subscribers seeking integrated bundles and low-cost everyday transactions.
Zeepay is a Bank of Ghana–licensed fintech specializing in international remittances and cross-border mobile money transfers. Users can receive funds from the UK, Europe, and North America directly into their wallet. Multi-currency support and competitive remittance fees make it faster and cheaper than traditional banking for families who regularly receive support from abroad. Best for: diaspora families and users who engage in frequent international transfers.
GhanaPay operates under the GhIPSS framework, linking participating bank accounts with a mobile wallet. Features include GhQR merchant payments, P2P transfers, and bank-grade security. Transactions are often low cost or free. Best for: users wanting closer integration between their bank account and a mobile wallet, supporting financial inclusion goals.
Hubtel is a Ghanaian payments and commerce platform with around 4 million annual users and nearly 8,000 businesses. The app supports mobile money across networks, cards, and bank transfers. Popular for food delivery, transport, retail, and POS transactions. Businesses benefit from invoices, online checkout, and real-time reporting. Best for: consumers who shop online and small businesses in retail and hospitality.
ExpressPay is a PCI DSS–certified payment gateway and wallet supporting Ghanaian cards, mobile money, and bill payments. Users store cards in the app for quick online payments - utilities, university fees, travel, and merchant purchases. It bridges bank cards and mobile money conveniently. Best for: users comfortable with cards who want a secure digital wallet for online payments.
Slydepay, now part of Kowri, is a digital wallet focused on small businesses, freelancers, and everyday consumer payments. Features include payment links, QR codes, and accepting both mobile money and card payments from customers. Setup is simple and accessible for micro-enterprises that do not need a full payment gateway. Best for: side hustles, small shops, and individuals needing low cost digital wallet solutions.
Chipper Cash is a cross-border P2P payment app popular across several African countries including Ghana. Users hold balances, send money between Chipper users at low cost or free, and cash in or out via mobile money. Additional services include airtime and data purchases. Best for: people with friends and family across multiple African markets who want to send money cheaply, creating stronger connections across borders.
Trust Wallet is a global non-custodial crypto wallet - not a Cedi mobile money wallet. It provides hardware level security through user-held private keys and seed phrases. Ghanaians use it to store stablecoins during Cedi volatility, engage with DeFi and Web3, and facilitate cross border remittances via digital assets. Conversion to mobile money typically happens through exchanges or P2P trades. Back up your seed phrase offline, never share keys, and watch for phishing. Price volatility and regulatory uncertainty mean Trust Wallet works best as a complementary tool alongside regulated mobile money platforms for safe conversion to local funds.
How you fund your wallet affects cost, speed, and convenience. Cash-in via mobile money agents remains the most accessible method in rural areas and towns across Ghana. Bank transfers and instant bank–wallet links through GhIPSS rails connect your bank account to wallets like GhanaPay. International remittances from the diaspora flow in through money transfer apps, while card-based top-ups work via payment gateways.
Common use cases include everyday P2P transfers, bill payments for electricity, water, internet, and TV, and merchant QR payments in shops, markets, and online stores. Mobile wallets offer savings, micro-loans, and integrated financial services that make them far more than simple payment tools. Cash-ins are usually free; cash-outs carry agent fees; and inbound international money transfers typically avoid the e-levy. Mobile wallets have lower transaction costs compared to traditional banking, making them a key innovation for millions of consumers.
Ghana's mobile money ecosystem allows for international remittances directly into mobile wallets. A sender abroad uses a money transfer app, selects Ghana as the destination, chooses a mobile money provider like MTN MoMo or Vodafone Cash, enters the recipient's mobile money account number, and confirms. Mobile money transfers to Ghana are typically credited in minutes. The E-Levy tax does not apply to international money transfers to Ghana.
ACE Money Transfer is a money transfer app for sending money from the UK, Europe, North America, and other corridors to mobile wallets in Ghana. It offers competitive exchange rates and low fees versus traditional bank transfers, fast delivery times to mobile money accounts, support for major wallets in Ghana, and strong security with regulatory compliance. To get started, sign up on the ACE Money Transfer app or website, verify your identity, select Ghana and the wallet provider, enter the amount, and pay via card or bank transfer. Recipients do not pay ACE fees to receive funds, though standard local withdrawal fees may apply if they cash out. Use ACE Money Transfer instead of informal channels for safer, traceable, and often cheaper international transfers to your loved ones.
Rates and fees may vary, and exchange rates fluctuate, so the rate you receive may differ from any quoted rate. Always check the live rate at ACE Money Transfer before sending.
The best mobile wallet depends on your network, income sources, and spending habits. Consider your network preference - whether you are mainly on MTN, Vodafone, or AirtelTigo. Evaluate fees and limits: cash-out costs, P2P charges, and daily caps for personal versus business wallets. Think about funding sources: do you need tight integration with bank accounts, mobile money agents, or international remittances? Match your use cases - bills, business payments, savings, or crypto via Trust Wallet. Finally, check coverage and reliability, especially agent density in rural areas and app stability.
Telco mobile money wallets serve mass-market everyday use best. Bank-backed or fintech wallets like GhanaPay, Hubtel, ExpressPay, Slydepay, and Chipper Cash deliver more advanced digital payments and merchant tools. Crypto wallets like Trust Wallet are complementary tools for digital asset holders, not replacements for Cedi mobile money. For Ghanaians receiving support from abroad, the ideal combination is a trusted international remittance app like ACE Money Transfer paired with a reliable local mobile wallet such as MTN MoMo or Vodafone Cash. The future of digital payments and financial inclusion in Ghana is mobile-first - driven by mobile wallets, mobile money platforms, and secure international remittances that keep families and businesses connected.
Disclaimer: This article is intended for general informational and educational purposes only and should not be construed as legal, regulatory, tax, business, or financial advice. While reasonable efforts have been made to ensure that all facts, figures, and data are accurate and valid as of the date of publication, no warranty or guarantee is given as to the ongoing completeness, accuracy, or currency of the information.
The content is based on information available at the time of publication. Regulations, government policies, market conditions, and service offerings may change over time and vary across jurisdictions and providers. As a result, some information may no longer be current or applicable. Readers should independently verify all information and consult qualified professional advisors before making any financial, legal, or business decisions.
