By September 11, 2015

38 year-old Eutelsat poised to disrupt the mobile banking solutions market.

Demand for high-speed internet soars

Today’s consumers expect access to high-speed internet everywhere they go. They want to use their internet connected devices to get the information they need, whether they are meeting with friends and family at a coffeeshop, taking a vacation during the holidays, or camping at a remote location.

Before they decide where to spend their time outside of their homes, they first check whether the place they are going offers access to the internet. They want the ability to upload pictures and videos faster. They want to be able to download documents faster. And they want to watch videos at high-definition resolutions without buffering.

Because of that, businesses and public places that do not offer a way for consumers to connect to internet are having a hard time attracting customers. And they are losing business to those that make it possible for customers to connect anytime.

And it’s not just consumers that expect high-speed internet at the places they frequent.

Employees demand access to high-speed internet at the workplace too. The business applications they use everyday to get their jobs done and communicate with their colleagues are increasingly hosted on cloud-based servers, which can only be accessed through the internet. Employees feel unproductive without high-speed internet. And they are demanding better internet connectivity at work as a result.

 

Eutelsat delivers affordable high-speed internet

Eutelsat, a French-based satellite provider, has helped businesses meet the challenge of delivering high-speed internet to customers and employees since 1977, across all seven continents.

As one of the leading business internet providers in Europe, Eutelsat’s satellite services are used across a wide range industries, including automotive, banking, energy and utility, public and private safety, media, and tourism industries.

Several businesses count on Eutelsat to deliver fast broadband internet access to their customers and employees, making it one of the most trusted and reliable telecommunications companies in every country they operate in.

Tourists who stay at Recreatiepark Slot Cranendonck, a popular campsite in the Netherlands, are able to access the internet from 99% of the campsite after the campsite operators installed four small Eutelsat satellite dishes.

Installing the satellites has become a competitive advantage for Recreatiepark Slot Cranendonck because tourists choose to stay there instead of other campsites, who don’t have easy and high-speed internet access.

The broadband internet service also serves as an additional source of revenue for the campsite because customers don’t mind buying access codes to connect to the network. That makes it possible for the operators to cover the costs of installation and expand the service to other campsites they manage.

 

Eutelsat is ready to serve the underbanked

Due to the success Eutelsat has had with its toowayTM Business solutions in other industries, executives believe there’s an opportunity for more growth in the banking sector, specifically mobile banking solutions.

Africa and many remote rural areas across every continent lack access to banking outlets and cash machines because these locations don’t have the infrastructure needed to deliver these services. Eutelsat’s KA-SAT satellites have the capacity to provide the secure and reliable broadband connectivity financial institutions need to reach the underbanked.

As one of the world’s leading satellite operators, with 38 years of experience commercializing capacity on 35 KA-SAT satellites across many industries and every continent, Eutelsat brings their market expertise to the banking sector as demand for high-speed internet soars in remote rural areas.

 

Summary

One of the world’s leading business internet providers that delivers global coverage for broadcast, data and broadband markets eyes the mobile banking solutions markets. Eutelsat wants to partner with banks to serve the underbanked everywhere.

About the Author:

More than 20 years in the IT industry. Blogging with a passion and thirst for new technology since 2005.
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