Get the Best Advantage for your MVNO and MNO with Convergent Billing
- telgoo5
- Oct 2, 2020
- 1 min read
Convergent billing is a critical requirement of telcos. The major players in the telecom market including MVNO and MNO are better served with a convergent billing system. Not so long ago, prepaid, postpaid, broadband, VAS etc. were billed separately. It used to create huge challenges in plan conceptualization. Packaging one service with another was a tough task, and required major alterations in the billing system.
Convergent Billing Simplifies the Challenge
A real-time Online Charging System (OCS) forms the foundation of a strong modern-day telecom operation. Whether you are an MVNO or MVNE, it is critical to have an OCS because:
· A 3GPP compliant OCS prevents revenue leakage
· Enforces credit limits accurately and stops subscribers from unintentionally exceeding their credit limit
· Leads to the creation of fully itemized and bifurcated invoices that reflect every service charge at a single place
· Manages the complete account balance of customers, and deducts the service usage from the allotted quota in prepaid services
· Rate and charges every transaction in real-time, and provides MNO and MVNO a clear idea of current situation
A well-crafted OCS solution, like the one provided by Telgoo5 can be a great asset for your organization. It helps telcos gain the greatest advantage over their competitors.
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