Telecom Charging System Architecture

Enforce policies better and immediately win subscribers’ trust with convergent charging. A real-time online charging system offers convergence in billing and allows you to integrate complex tariff plans easily. Incorporating new services and attractive bundle packages becomes simple and you are able to exploit market trends by launching plans quickly. Convergence allows you to keep up with the emerging technology and fulfil new customer demand whenever they arise. Convergent charging is a concept that all businesses in the telecoms industry need to familiarize themselves with. In the simplest of explanations, this  type of charging method  allows providers to consolidate all of their rendered services into one solo platform.

Given the requirements of modern-day telecom industry, an online charging system is extremely important. By charging events and sessions on real-time basis, it allows for completely convergent billing. Telcos are able to create detailed and bifurcated invoices that reflect all the charges of every service used by subscribers. Considering the evolution of new and more complicated technologies like IoT and 5G, there is a need for better billing solutions. Our modern IoT billing   solution  is perfect for tracking data usage and billing subscribers accurately. Not only that, it enforces credit limits rigorously and prevents customers from exceeding their allocated quota. Source :  https://www.onlinechargingsystem.com/blog/warning-signs-of-impractical-billing-solutions/

Call Detail Record (CDR) is any piece of data that is generated after the use of a telecom service. This data has the complete detail of the usage, which can be call, SMS, broadband data, mobile data, video streaming etc. Nowadays, CDR management has become automated and is mostly handled by data experts. Complete telecom billing hinges upon the accuracy of CDR collection and management, which is why; it has become an essential requirement of telecom operators. When  MVNO  is your business, CDRs (Call Detail Records) are a part of your daily routine. As packages change and real-time charging becomes more important,  new ways of processing  these CDRs become necessary. This necessity leads to the question of how CDR mediation services can be beneficial to your business. https://www.onlinechargingsystem.com/blog/cdr-mediation-services-beneficial-business/