Safaricom's MPESA G2 or the second generation of mobile money service MPESA will be showcased to media tomorrow the company has indicated.
The new version which has been a long time coming is expected to host the wildly successful Mpesa on locally hosted servers.
The current MPESA platform, G1, has been sitting in Rackspace servers in Germany and the UK.
The new MPESA platform is expected to be faster and to experience fewer outages. It will be able to process 600 transactions per second compared to 300 transactions per second currently.
It should also offer a few more advantages like when reversing a transaction, the customer will not be charged the amount that had been deducted such as sending charges and will receive their money intact.
It is also expected to have a better graphical user interface with the possibility of making use of logos.
MPESA is the most the successful money product in the world since its introduction in 2007.