Telecom Charging System Architecture

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/

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. Source :  https://outboundservices.home.blog/2020/02/11/online-real-time-charging-system-for-maximum-impact/

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 you...

When you think about it, the core telecom operations tend to be extremely complex. This complexity is even more evident in operations that involve billing and tracking different customers’ interactions with the system on a day to day basis. Given that the needs of the  modern-day customer  are very dynamic, telecom entrepreneurs are constantly faced with the challenge of streamlining the workflow which at times requires using rudimentary methods to achieve. The solution to some of these challenges and many more is in the form of Online Charging System (OCS). Before even getting to the nitty-gritties of what an Online Charging System is, a  quick preview  of what this amazing-yet-underutilized software can do tells you that it is software worth investing in. Simply put, an  Online Charging System  handles the account balances of your subscribers and a number of additional operations without breaking a sweat. What Does An Online Charging Solution Of...

OCS works as a specific communications that enables a specialist co-op to charge a client for services continuously. The OCS handles the supporter’s record balance, rating, charging exchange control and connection. With the OCS, a telecom operator guarantees that credit points of confinement are upheld and assets are approved on a for each exchange premise.  Conventional web based charging frameworks charge the client after a service is rendered, though the OCS charges as services are rendered. OCS is more adaptable than Intelligent Network (IN) prepaid arrangements. As a broadcast communications specialist co-op, you have to offer more than essential availability for your end clients. You have to give solid client service, as well. Charging should be offered progressively and it ought to mirror the client's most present use so as to moderate disarray delays in installment—and guarantee that you get the pay that you need. An internet charging framework ( O...

A bill shock is as bad for you as it is for your subscribers. It happens when a customer receives a bill that surpasses his expectations, and in not the right way. While most big operators have the wherewithal to absorb pain of a lost customer, it is the MVNOs that are worst hit by such an event. The negative publicity it generates, no matter how small, has the potential to compromise MVNO’s best laid plans, which generally revolve around creating customer goodwill. Mostly, it has been seen that such debacles happen when the OCS you have is not up to the mark. Enhance your Prospects with a Better MVNE and OCS   Losing out on customers can be debilitating for an MVNO business. Therefore, as an MVNO owner you should focus sincerely on finding the right OCS. The best and the most convenient way to do this, is by partnering with a competent MVNE that has already delivered successfully in the past. An MVNE that is capable of creating tailor-made solutions can help you...

The commercial success of the Online Charging System (OCS) deployed by telcos is a testament to the ever-evolving telecom billing technology. Not so long ago, it was hard to fathom how telcos will be able to accommodate so many new offerings (like 2G, 3G,4G, VAS, OTT etc.) as part of their service. But with consistent development, we are at a juncture where we see convergent billing and real-time charging making things simpler than ever before for both customers and the operators. But the work of telcos has not ended yet. With 5G and even 6G beckoning; and IoT becoming the next big thing in the market, the time to evolve has only just started. The Age-Old Formula of Success Before we go any further and analyze what the future holds for the telecom industry, it is best to first look at the basic formula that has worked so well for telcos. It has always being the ability to adapt one’s billing according to the services that need to be offered, which has driven MNO...

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...