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Showing posts with the label Convergent Billing System

One Bill for Complete Customer Subscription with Convergent Charging

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Manage multiple customer services conveniently with a convergent charging platform that you can trust. We employ a centralized charging system for your business and ensure every customer interaction is tracked and billed reliably.  Source : https://tinyurl.com/rnkxkbh

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.

Do You Need A Online Charging System For MVNO?

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When a customer receives a bill that he did not expect, it is called a bill shock. Too many bill shocks and you, as an operator,  risk losing your customers . The situation is particularly grim for  MVNO  when it comes to bill shock. As they already have a smaller number of subscribers when compared with MNOs, a loss of customers can be back breaking for their business. After analysis, it has been proven that a faltering OCS is mostly the cause of bill shocks. Transform Your Fortunes with a Better OCS Your OCS directly dictates how well you are able to monetize your services and bill the subscribers. Therefore, you should always  pay special attention  to your billing software and especially the OCS. Below are some essential functions that you should look for in your  OCS system . Convergence  – The constant increase in the number of services offered by mobile operators has created a need for convergence in billing. Customers simply abhor t...

The Four Pillars of Modern-Day Telecom Industry: MNO, MVNO, MVNA, and MVNE

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The modern-day telecom industry is going through transitions faster than ever before. Addressing the demands of finicky customers, fighting off the competition at every step of the way and countering the threat of OTT platforms is proving too much to handle for even seasoned telecom operators. This is the main reason why they are trying to maximize their outreach in every way possible. As a result of their efforts, new platforms for telecom service delivery have being created in the form of: MNO, MVNO, MVNA , and MVNE. Why MVNOs Have Become so Popular? While an MNO (Mobile Network Operator) builds his operation from the scratch and make investments in creating network infrastructure, radio frequency spectrum, HLR, VLR, BSC, MSC, OSS etc., an MVNO (Mobile Virtual Network Operator) receives frequency spectrum and network resources at a cheaper rate from MNOs (Mobile Network Operators). This allows it to sell its telecom services at a lower rate and attract new customers. ...

Simplify Telecom Billing with a Trustworthy Online Charging System

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Frequent changes in the requirements of subscribers have placed tremendous pressure on the shoulders of telecom operators to come up with exciting offers. The pressure is so intense that telcos with traditional telecom billing software are finding it hard to survive in this intense competition. The main reason for this is the lack of flexibility in their billing solutions that prevents them from launching new bundles of services and innovative plans on time. Hence, they end up losing out to competition in the race to evoke a positive reaction from the market. This leads to a financial loss, which could have been easily avoided if a capable online charging system was employed in the first place.   Why Invest in a Modern Online Charging System? Most traditional charging systems in the past were incapable of charging users’ transactions in real time.   Although the IN system used for prepaid services worked in real-time, it was incapable of offering flexible servi...

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 in...