09/07/2017

Enabling Financial Inclusion through Satellite Communication

Access to financial, banking and money transfer services is a prerequisite for economic growth, in particular, in emerging economies. In many countries, the lack of reliable and affordable telecommunications prevents the ubiquitous roll out of financial outlets. In such remote areas, satellite communications are providing affordable, high quality solutions to enable money transfer and connect bank agencies and ATMs. These services help transform the socioeconomic lives of citizens through financial literacy and access.

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