13 May Leveraging LEO Satellite Services for Banking Connectivity in South Africa through Twoobii OneWeb
Low Earth Orbit (LEO) satellites are revolutionizing the way institutions think about connectivity. Unlike traditional geostationary satellites, which orbit at around 36,000 km above Earth, LEO satellites operate at altitudes of about 1,000 km above the earth. This proximity enables them to deliver low-latency, high-speed internet.
Recognizing the potential of LEO technology, leading South African banks approached Q-KON Channel Partners to pilot and deploy the Twoobii OneWeb LEO services across their branches with huge success. The solution combines anytime, anywhere connectivity with the necessary security protocols required for the transmission of bank account and financial transaction data in real time. This type of solution can also include intranet, software defined wide area networks (SD-WANs), branch online management, data backhauls, staff and customer Wi-Fi and ATM services.
The Twoobii OneWeb technology is seen as a cornerstone of resilient network architecture and can provide:
- High grade primary or back-up service.
- Improve network redundancy and uptime.
- Low latency >70msec for real-time applications.
- Secure integration with the Bank core network.
- Uncapped fixed-fee services.
- Reliable speeds with 100Mbps/20Mbps maximum throughput.
- Integration with existing SD-WAN networks for seamless
failover.
The adoption of LEO satellite services has proven to be a transformative solution for the leading South African banks, enabling them to deliver consistent, secure, and scalable connectivity – even in the most challenging environments.
“This fully operational LEO installation is further evidence of the utility of the Twoobii OneWeb solution in financial services contexts,” commented Dawie de Wet, Group CEO of Q-KON. “We look forward to continuing the roll-out of this LEO connectivity solution to more bank branches to benefit the customers of our leading digital banking clients,” he added.
Sorry, the comment form is closed at this time.