"SatFinAfrica" is a pilot project to demonstrate the suitability of the Sat3Play platform, originally designed for the consumer and SoHo market, to provide reliable and secured financial services (e.g. to money transfer companies, microfinance institutions, banks and Automated Teller Machines) in remote and underserved areas in emerging countries in Africa.
Sea&Space targets the niche market for remote sites of large organisations, in particular financial institutions, which have a critical need for a ubiquitous and secured telecommunication platform with adequate latency performance and privacy and acceptable service costs. Not covered by terrestrial communications means, these remote sites are generally not large enough to justify the investment in a classic corporate VSAT.
Three main corporate applications are targeted:
The main requirements for the Money Transfer application are:
Automatic Telling Machines (ATMs)
The main requirements for the ATM application are:
The main service requirements VPN applications for African financial institutions are:
To find out more about the project, please see the full project web page hosted on telecom.esa.int.