Eutelsat Group and Q-Kon, a satellite engineering enterprise for southern Africa, announced that multiple digital banks in South Africa have now gone live on Eutelsat OneWeb's Low Earth Orbit (LEO) service. "Both bank staff and their customers are reaping the benefits of these newly launched services, giving them access to consistent, secure connectivity required for the transmission of bank account and financial data in real-time," Eutelsat OneWeb said Thursday.
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Enhanced Connectivity for Digital Banks
According to Eutelsat, the LEO satellite service is being used to deliver a variety of complementary processes, both operational (internal) and customer-facing (external). These include intranet, software-defined wide-area networks (SD-WANs), branch online management, data backhauls, staff and customer Wi-Fi, and ATM services.
The launch of these services by Q-KON follows the successful 2023 incorporation of Eutelsat OneWeb LEO satellite connectivity into its Twoobii Smart Satellite Services. The company said the roll-out of these services will continue in the coming months.
Seamless Operations and Customer Experience
Q-KON said, "We look forward to continuing the roll-out of this LEO connectivity solution to more branches to benefit the customers of our banking clients throughout southern Africa."
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Eutelsat Group said they are delighted to see the impact of their LEO network services is already having on local businesses in South Africa.