Telecom Charging System Architecture

  With Covid-19 pandemic, subscriber trust is at an all-time low. It is harder to keep hold of customers when the economy is on a downward spiral. As MVNOs are mostly committed to cater to low-cost segments, they have a shared responsibility alongside   MVNE   to come up with suitable offerings as per the requirements of the time. The answer to some lies in the   billing and charging   skills of MVNOs, which can pretty much define their future.  Emerge with Better Service and Solutions via Convergent Charging If you are an MVNO who is still using legacy methods to perform telecom billing, you can be in big trouble sooner than you think. There is no scope of errors anymore and a   convergent charging   system ensures that. With an OFCS or IN system, you can neither compete with other players or ensure reliability and transparency in your service delivery. With a convergent charging platform, you can immediately cater to the present-day needs of customers: •    Perform charging for every

  Tough competition beckons in 2021 as companies strive to get out of the rut that was 2020. After the hiccups of   Covid-19   pandemic, it is the right and possibly the only time, to maximize revenue for both MNOs and MVNOs. One of the most fundamental requirements for showing innovation in telecom service delivery is by improving the   billing and charging   functions. Move to Convergent Charging System for Best Results In order to stay progressive and bring in creativity, you simply need to have the right tools for the job. A  convergent charging system  serves as centralized place to charge every transaction. What it means is that you are not only able to charge every service but also monetize plans with a combination of distinct/disparate services. An interesting combination of different services is more likely to appeal to the subscribers. You can also offer a wide range of discounting schemes to attract customers to certain packages. Another thing that an Online Charging System

To say that the telecom sector is full of competition is quite an understatement. Apart from the prominent service providers , you also have a plethora of mobile virtual network operators (MVNOs) that offer their services at highly affordable rates. Real Time Charging System If you run one such network, you would know how difficult it is to meet your bottom line in this environment. Unhappy customers can switch to a different provider at a moment’s notice. But happier clients are just as tricky when it comes to maintaining brand loyalty . You need to keep offering state of the art solutions that excite your customers and keep them from leaving your service for a competitor. An essential service such as real time charging can prove quite handy in appealing to your clients. With its transparent billing , minimal errors, and faster service, a real-time charging system is precisely what you need to bring your services to the forefront in your customer’s minds. What is Rea

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.

As companies change their focus and become more customer-centric, the importance of innovative telecom solutions has increased. Especially when it comes to accuracy in billing, there is no middle ground and you cannot survive without owning/leasing a robust and reliable telecom billing software . In today’s telecom operations, the most critical element of is OCS. After many revisions since its inception, OCS has improved dramatically and has become critical for modern-day charging and rating applications.  What is an OCS?   Online charging system better known as OCS is a vital part of telecom billing architecture . It forms the real-time beating heart of any BSS. Every customer exchange – whether it is event-based or session-based – is accounted for by the OCS. It also features an Account Balance Management Function (ABMF) that stores and updates vital subscriber information. It is a great advancement in the telecom industry that fixes the many anomalies/limitations o