SatADSL to help bring ATMs in rural towns

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  • 6 years ago
  • Posted: September 11, 2013 at 10:59 am

You will soon enjoy ATM services whether in major towns or traveling to your rural home thanks to SatADSL that unveiled satellite solutions for supporting the deployment of nation-wide cash machines networks at AITEC Conference. At the on-going AITEC Mobile Money Conference sponsored by COMESA at the Nairobi’s Intercontinental Hotel, the Belgium based satellite service provider, SatADLS today launched the satellite solution that will allow ATM operators and banks to deploy the cash machines in small urban areas in East Africa. ATMs are missing in a number of rural towns where terrestrial communication services are either not available, unreliable or too expensive.

Speaking at the conference, SatADS Chief Operations Officer Caroline De Vos said the new solutions are specifically tailor-made for the African banking and financial community. The company is also in the process of recruiting partners distribute its products and services in the region. “Financial institutions often offer excellent service in the main cities where adequate telecommunications means are available: fiber connections, WiMax, etc. However, in remote locations where the population is less dense, telecommunication links may not be as reliable and are much less adapted to the requirements of financial institutions. That is where SatADSL comes in with specialised services to support the financial institutions’ remote offices as well as cash machines in performing according to their customers’ expectations,” she said.

Caroline De Vos noted that SatADL is in a position to offer technical solutions at much cheaper rates and higher reliability than fiber connections and WiMax which are typically much more expensive and obviously secure enough for ATM networks. SatDSL has successfully demonstrated the technology in three West African countries where several African banks are already using it. The company is currently leading three new pilot projects for ATM deployment with banks in Ghana, Cameroon and Zambia. The service allows for financial transactions to be carried out over satellite link in a reliable, secured and cost-effective way. SatADSL service connects the client applications in remote offices to the servers located in the company headquarters and other servers located in Europe and the US. SatADSL corporate service offering is built around SES Broadband service platform which provides high-speed broadband internet via satellite.

From the successful demonstration of satellite solutions for Internet services by Bharti Airtel and SoftBank to the call of expanding Internet connectivity in South Africa using satellite technologies, it is now obvious that satellite based solution is the most affordable and reliable technology for taking online and network services to the rural folks.

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Odipo Riaga
Managing Editor at KachTech Analytics Ltd
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Odipo Riaga is a Technology Blogger interested in emerging tech such as VR and AR, AI, Life Extension, Exponential Biotech, Immortality, Cyborgs and many others.
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