Online Real-Time Charging System for Maximum Impact

Considering the present-day situation of telecom industry, it has become important to perform flawless telecom billing. You simply cannot force a customer to pay more than what he has actually used without risking attrition. An online real-time charging system provides a great way to keep tabs on subscribers’ usage of telecom services. It facilitates the creation of a convergent telecom charging platform, which allows you to send a single invoice for all service usage. Also, it enforces credit limits scrupulously and helps you send timely notifications to the customer when their call/data usage is about to exceed the threshold value.

Offering an Online Charging System is Needed and Here’s Why

Explaining the need for (OCS) online charging system in the modern era. Let’s just cut right to the chase; if you and your business are looking to become a household mobile virtual network operator (MVNO) brand, you need to be offering the most advanced billing and charging solution that you possibly can.

In the modern era, an online charging system (OCS) is becoming more prevalent. They are what your business and brand desperately need. Now, implementing an OCS will not single-handedly elevate your network to the cream of the crop but it most certainly can help too.

Due to the intelligence of such a system, you can shift the workload of your staff to be more efficient. As artificial intelligence programs continue to become more dominant worldwide. You need to adopt this type of ideology into your brand.

Time is Money

Every business owner will agree that time is just as important as money when it comes to maintaining and running a successful business. With an advanced online charging system at your disposal, you will be amazed at the improved efficiency that it delivers.

Additionally, this system can cut down on and even eradicate accidental billing inaccuracies. Via an outdated charging solution, hiccups can persist and your customers can suffer because of it.

The modern online charging systems (OCS) will prevent any hiccups from occurring and can save time and decrease expenses in this manner, as well.

The Customer is Always Right

The quickest way for your MVNO to fail is if you forget about the needs of the people that make it tick, in the first place. Without a moment’s hesitation, you need to place the desires of your consumers as a first on your priority list.

Although they may not know the inner workings of an OCS system, your clientele will significantly benefit from its implementation.

Those days are gone, where society needs to rely on calling and emailing to learn about their account balances and access general account information. In this age, the world is dominated by the Web and the ability for your consumers to perform actions on such a platform is mandatory.

Past the overall convenience of the real-time experience that your consumers will enjoy, it will provide them with an enhanced sense of trust and reliability for your network.

Enhanced Service Options

To stay relevant, you always need to be offering new and up-to-date services. Doing so with an advanced OCS platform is going to be so much easier.

One such example is if you wanted to offer new and exclusive discounts for some of your packages with little to no hassle. That is just one example, however, as there are several different avenues that you can explore.

Enhanced Security – Online charging system

An online charging system serves as the central point of your MVNO’s charging, which means it is also the place where critical account information is stored.

To win the trust of your customers, you need to ensure that every customer shared detail is kept safe. Therefore, always look for an OCS platform that employs robust encryption to prevent system breaches via unauthorized access.

There is Something Else

Before you go, you need to be aware of something extremely crucial. Not all OCS systems will be the same and you should avoid settling for one that is ordinary or run-of-the-mill. It needs to be highly accurate, incredibly intuitive, laser quick and impressively efficient.

This is where Telgoo5 can come into play. We have been in business for 15 years and contain vast knowledge of OCS. Even present such a system that can help skyrocket your brand. Feel free to contact us anytime. We can show you how our platform can take your brand to the next level.

Source : https://techcody.com/why-online-charging-system-is-needed/

Usurp the Competition with True Real-Time Online Charging System

Telecom industry is always evolving and there is a need to address emerging requirements. An Online Charging System (OCS) is a worthy upgrade to erstwhile charging system for prepaid services like IN. To thrive in the modern-day competitive telecom industry, it is essential to employ a true real-time Online Charging System that charges all services used by subscribers, enforces credit limits and allows for convergent charging.

Source : https://tinyurl.com/yfhtdxgj

How an Online Charging System Can Help You Save Costs

As the pace of technology evolution increases, it is very much likely that telcos would have to launch newer services at a faster rate. And, emerging technologies like 5G and IoT are much more complex than the technologies launched in the past. Therefore, it is best to partner with a vendor that can offer telecom billing systems that can not only meet the requirements of the present but also the future. Also, the telecom billing solution should be completely scalable vertically to meet the rising demands of new subscribers.

 Security of data

An online billing system based in the cloud is always exposed to hackers’ threat. To ensure security of subscriber data that is stored on the cloud, it is essential to enforce sturdy encryption measures. Also, these encryption measures need to be updated from time-to-time, in order to stay ahead of hackers that are always on the prowl. A single hacking incident can undo the hard work done over many years, which is why; security is extremely crucial in any online telecom billing system.

Source : https://tinyurl.com/ue5qytd