Expanding & ensuring financial Services for all citizens​
Spacecom’s Satcom for Financial institutions
Spacecom’s satellite solutions address the connectivity challenges faced by financial institutions across Africa, where unreliable power and infrastructure disruptions pose significant operational risks. Spacecom provides a reliable and scalable connectivity layer that guarantees continuous service, even during power outages or when traditional communication networks fail. With AMOS-17 we can seamlessly offer backup connectivity, ensuring that branches and ATMs remain operational regardless of location. This capability enables to expand their reach of financial services into underserved areas. Security is a core aspect of Spacecom’s offering, with advanced protocols in place to protect financial transactions from threats linked to power and infrastructure instability.
Financial service solutions​
Support rollout of micro/small branches and ATMs in rural regions​
Ensure business continuity and disaster recovery​
Enable banking transactions and corporate data exchanges, delivering operational (internal) and customer-facing (external) processes to the banks * Intranet, branch online management, data backhaul, staff Wi-Fi and ATM services
Banking and financial services are fundamental to economic development and combating poverty​. Accelerating rollout of financial services while cutting infrastructure costs is a key requirement in the continent​. As the financial and banking sectors depend on constant, reliable and secure connectivity, satcom can address these needs​.
Additionally, Spacecom’s solutions are adaptable, allowing institutions to adjust bandwidth and capacity according to evolving business needs. This flexibility ensures that financial institutions can respond to market demands without compromising performance. Spacecom’s satellite connectivity also supports uninterrupted business operations, safeguarding critical financial activities against disruptions. Â
Use Satellite Networks to Expand Banking Services
Use Satellite Networks to Expand Banking Services
advantages
Efficiently supports core services like ATMs, credit card authorization, trading and other financial transactions
Data security is enforced through encryption for dealing with sensitive data​
Real-time transactions supported by LEO for high-speed, low-latency connectivity
Spacecom digital satellites enable always-on global cloud connectivity for IoT networks
anywhere – even in the harshest environments and remotest locations.