Communications Authority telecommunication

  • M-Pesa Gears up for 1,200 Transactions Every Second

    M-Pesa Gears up for 1,200 Transactions Every Second

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    Safaricom CEO Bob Collymore has said the telco is expanding its M-Pesa systems to take 1,200 transactions per second. In a statement, he attributed the recent outage that lasted four hours to the system upgrade. Latest Communications Authority telecommunication sector statistics shows that Safaricom carried out 575,660,251 M-Pesa transactions, moving at least Sh1.58 trillion between…