Thursday, April 16, 2015

MPESA coming back home

Mobile money provider MPESA will be migrating from its current generation one platform to a more robust platform, generation 2. This means that the will have to move their servers from their current location in Germany and UK, to Kenya. Mpesa has frozen most of its services starting Thursday the 16th of April at midnight until Sunday the 19th of April 11 pm.
Some of the MPESA services that will not be accessible include:
-Changing MPESA pin
-Transacting on M-Shwari and M-Kesho
-Sending money to an unregistered person
-Registering for MPESA
-Activating new sim card
The new platform dubbed G2 is expected to make MPESA services more efficient. It will be able to process 900 transactions per second up from the previous 450 transactions per second done by G1.
Mpesa has one hundred and fifty thousand merchants on its system enabling customers to do easy C2B transactions. Mpesa hit the 7 billion shillings daily mark at the end of last year. Having started off as mobile money transfer service, MPESA has quickly adapted to the payments front with its aggressive LIPA NA MPESA product.
Launched in March 2007, MPESA is the most successful mobile money product in the world today. With an agent network of 80, 000 and 20 million users MPESA is definitely the most successful story ever told.

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