Post
Topic
Board Press
Re: 2013-02-22 thefinanser.co.uk - A new currency payment system is about to explode
by
Ari
on 25/02/2013, 09:43:20 UTC
To be fair, mobile payments through M-PESA in Kenya (a country with about 0.6% of the world's population), is choking on 270 transactions per second.
 - http://www.nation.co.ke/business/news/Safaricom-gets-vendor-to-run-M-Pesa-platform/-/1006/1691548/-/cnls9gz/-/index.html


That is a lot.  That would be more than 1.5 transactions per day for each of the 15,000,000 users.  That's higher than the per capita volume of credit/debit card purchases in the United States.  I think I use bitcoin more than most people, and my average number of transactions is still under 1 per day.

Maybe that is peak volume and not average.