Case Study #2: Money Transfer

In Cameroon, an established Money Transfer Company (MTC) offering the services of major US Money Transfer Operators (MTOs), such as MoneyGram or Western Union, realised that these services were quite expensive especially when transferring small amounts within the country. The cost for the service could be as much as 10 to 15% of the amount to be transferred. In this context, the MTC soon took the initiative to launch a lower cost service dedicated to national transactions.

SatADSL has designed a cost effective Money Transfer solution to enable money transfer companies to rollout their networks in suburban and rural areas. The solution enables the secured execution on a real time basis of every transaction from a large and scattered network of branches. Express Union, a leading money-transfer company in Cameroon, has chosen SatADSL’s solution to roll out its service.