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Showing posts with the label Billing & Charging

Explore Unforeseen Opportunities for MVNO with Convergent Charging System

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  A simplified approach to online billing is needed if an  MVNO  wants to expand its functions. There is so much complexity in the telecom domain these days that  billing and charging  tasks are best left to the expert. Managing top ups, figuring out the billing cycles and then charging every service use in real-time can give MVNO and  MVNE  sleepless nights if not for a trustworthy convergent charging system. Expand Horizons with Real-Time Billing Platform Many MVNOs are restricted because of the legacy  billing solutions  that they use. As they are already entangled in their day-to-day responsibilities and hardly manage to complete them, it is illogical to expect them to really innovate and focus on their sales and marketing strategy. In this situation, a  convergent charging  solution like  Online Charging System  (OCS) can come in really handy. It lets you complete your intricate tasks in an automated manner, and provide you ample time to finish your other responsibilities. Below a

Stay Aware of Customer Needs Always via New-Age Billing and Charging

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  Billing and charging   are both critical aspects of modern-day telecom operations. In order to thrive in today’s market, you need the best billing platform that can offer complete transparency and keep customers on board. Meet Requirements in Real-Time with Online Charging System An Online Charging System (OCS) is a type of  convergent charging system  that caters to the unique needs of businesses. It has the capacity to store large amount of data, and the processing power to charge every service in real-time i.e., <5ms. Due to the fast speed of service charging, it becomes possible to charge and rate both event- and session-based services at the same time. Telecom operators can now collate every service charge on a single document. This provides complete convenience and comfort to the customers using multiple services from an operator. Another important facet of OCS is its ability to offer credit control and real-time notifications. Customers get immediate notifications when they

Convergent Online Billing Software: The Secret of MVNO Model Success

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Stay Relevant by Employing the Right Telecom Billing Solutions There are many telecom billing solutions that cater to the requirements of telcos. However, when you are in the market for a new online billing software solution, it can be hard to find one that will work well in the present and the future. To make this selection easy, below is a list of functionalities that you should tick before investing in a new software solution: 1.    Application Program Interface (API)  No matter how good your software solution is, there will be times when you want it to do something more. As customization and replacing the software can be a huge financial liability, you might shy away from launching a new service because of your doubts about your service monetization and billing capabilities. In these scenarios, partnering with a vendor that offers APIs for different business use cases can be a blessing. APIs can help you in meeting exigent requirements instantly. For example,

OCS Solutions for Leveraging Convergent Real Time Billing

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Vcare OCS can be employed by telcos for fully convergent billing . It has two functions: SBCF (Session Based Charging Function) and EBCF (Event Based Charging Function). The EBCF charge events as per their occurrence and the SBCF charges subscribers based on usage/sessions and network usage. OCS charges customer based on CDRs, which are generated whenever a subscriber uses a service. Our OCS is extremely flexible and helps you bill even the most complex services with considerable ease. Also, it is capable of tracking the usage of service along with keeping records of services in the billing database. Its true real time performance prevents revenue leakage and makes for an improved billing experience for our clients.

6 Things to Look for in a System for Online Charging in the Cloud

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If you’re ready to take your telecom business into the future, an OCS is the core of any telecom billing operations. But when you look for an OCS, you will discover that there are many choices out there. So we have provided with you some important things to look for when you want to choose the right online charging system for you and for your company. Major telecom operators have found a solution to these problems in the form of a magic wand that goes by the name of Online Charging System (OCS). This amazing yet under-utilized software can   handle subscribers ’ account balance and perform a number of operations without breaking a sweat. In the current competitive telecom market, it would be foolish to overlook the importance of this magical solution and delay its deployment. What an Online Charging Solution Offers? Everyone in the telecom business has heard about OCS. However, due to lack of knowledge and probably due to expenses, some operators shy away from integr