Ghana is among the world’s leaders in the use of mobile money, but shockingly, the cocoa sector still pays upwards of 7 billion cedis (US$1.2 billion) every year in cash and checks to purchasing clerks, who then transfer it to farmers in cash. This means over 90% of the farmer transactions are still made in cash. Our organizations have released today new analysis showing that the costs and risk of cash to the cocoa sector are valued at more than $20 million every year, or more than 20% of turnover for all LBCs.