Connectivity is of the most importance when it comes to banking. Financial transactions cannot be compromised at any time. Traditionally companies relied on WiFi networks which were unsafe to use. Implementation of Fixedlp and VPN was necessary to gain any level of security for data transfer. The Use of SIM cards becomes more popular as POS machines are deployed on a large scale.

Traditionally a normal SIM card was used for the mobile connection. Multiple operators offered data packages and solutions for banking. Water Telecom offers a unique solution for banking with Connectivity As A Service, where our Smart SIM stays connected with the platform and we are able to control the connections. In case of network fallout we automatically switch to an alternative network, ensuring the devices always remain connected.

The Connectivity As A Service platform offers the tools necessary to administer the SmartSim, so these can be tracked at any moment. Monitor the connection, get clear insights of cost, see which network is selected and allowing you the ability to change the network remotely; unleashing the true potential of the mobile payments systems.

Via the platform you have control over the SmartSim to receive information about the device, the location, the IMEI. Alarms can be setup in case a device is out of its predefined location or the card is removed from the device.

Via API exchange our developers can also assist with implementing new tools.