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All Press Releases for October 02, 2010 »
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Rackspace Hosts Over 3 Million Daily Transactions with Vodafone M-PESA
Rackspace has been chosen by Vodafone to host and support over 3 million daily transactions with the M-PESA platform. 
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    UXBRIDGE, ENGLAND, October 02, 2010 /24-7PressRelease/ -- Rackspace Hosting, the world's leading specialist in the hosting and cloud computing industry, has announced that it has been chosen by Vodafone to host and support the M-PESA platform.

M-PESA is a platform designed to provide a fast, safe and easy way to transfer money from person to person and is a valuable service in emerging economies where there is little or no existing banking infrastructure outside the major cities. It is now available in Kenya, Tanzania, South Africa, Afghanistan and Fiji and boasts over 16 million customers.

Neil Dwyer, Vodafone's senior operations manager, said: "Rackspace has a long history of being able to meet demand quickly and we are delighted to work with them in order to deliver this important and increasingly popular service. It is essential for us to work with a hosting company that can provide 24/7 support and comprehensive security. Rackspace has proven their ability to deliver and their rapid response times allow us to scale quickly and effectively to meet peaks in demand."

Vodafone has recently announced plans to introduce M-PESA to other countries where the traditional banking infrastructure is low and mobile phone penetration is high.

Rackspace managing director David Kelly commented: "We're excited to be working with Vodafone on this project and look forward to seeing how it develops across the world to support those people who currently do not have access to banks and in turn help them to become more economically active through the application of innovative technology."

As part of the deal, Rackspace utilises satellite streaming technology to send and receive real time transaction data using clustered database servers. It also provides managed back-up and dedicated server hosting of all application and web servers.

About Rackspace Hosting UK:

Rackspace Hosting is the world's leading specialist in hosting, virtualisation and cloud computing and has been ranked in Financial Times Top 50 Great Place to Work in the United Kingdom for the past six years. Rackspace provides Fanatical Support to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing.

About Vodafone
Vodafone is one of the world's largest mobile communications companies by revenue with approximately 347 million proportionate customers as at 30 June 2010. Vodafone currently has equity interests in over 30 countries across five continents and over 40 partner networks worldwide.

Website: http://www.rackspace.co.uk/


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Brooke Hamilton
Rackspace

PR and communications Manager
4 The Square, Stockley Park
Uxbridge, Greater London
United Kingdom UB11 1ET
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