(task) Vodafone launches mobile cash transfer system in Ghana where 15m people do not have a bank account | This is Money

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> http://www.thisismoney.co.uk/money/markets/article-3349818/Vodafone-launches-mobile-cash-transfer-Ghana-15m-people-not-bank-account.html <http://www.thisismoney.co.uk/money/markets/article-3349818/Vodafone-launches-mobile-cash-transfer-Ghana-15m-people-not-bank-account.html>
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> Vodafone launches mobile cash transfer system in Ghana
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> Vodafone has launched its mobile cash transfer system in Ghana where 15m people do not have a bank account.
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> The service, called M-Pesa, will be branded Vodafone Cash in the West African state. It allows mobile phone users to load money on to their phones, just as pay-as-you-go customers can top up their credit.
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> They can send the funds anywhere in the country with a text message. Recipients can pick up the cash at shops that offer the service.
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> Moving money: The service, called M-Pesa, will be branded Vodafone Cash in the West African state
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> Ghana, where 64 per cent of the population have no bank account, will be the 11th country to offer Vodafone Cash.
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> It launched in 2012 and is already available in Kenya, Tanzania, South Africa, Democratic Republic of Congo, Mozambique, Egypt, Lesotho, India, Albania and Romania.
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> More than 2bn transactions were made using M-Pesa in the six months to September 30, up 26 per cent year-on-year.
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> It has 23.4m users, and in April it became possible to carry out international money transfers between Kenya and Tanzania.