Telecom Charging System Architecture

  In these times of complex business setups, telecom industry is also evolving rapidly. Diameter control system specifies many core telecom functions. A top billing system has a quality  charging system  at its heart, which is excellent at credit control. A quality OCS allows you to monetize services quickly and stay transparent in your day-to-day billing. As a result, the quality of billing improves and even small telcos are able to compete with major players in the market when they have the right OCS system.​ Stay ahead of competing MVNOs and MNOs by leveraging the best charging system that implements accurate diameter control. Monetize services fast and enforce credit limits consistently by using Online Charging System . Source https://onlinechargingsystem.weebly.com/blog/april-22nd-2021 https://onlinecharging.tumblr.com/post/649180990692065280/why-your-charging-system-needs-diameter https://www.bloglovin.com/@onlinechargingsystem/why-your-charging-system-needs-diameter-credit h

  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

  MVNOs are an integral part of telecom industry. The developed world has been using the   MVNO   model for a long time, but it is now the right time for MVNOs in the developing world to come to the fore. By leveraging a powerful Online Charging System, MVNOs can easily perform their day-to-day billing and charging tasks. It can help them monetize services better and serve the different segments of market including the financially weaker customer groups. Read More . Unmask Huge Potential of MVNO Source High Time for MVNOs in the Developing World Restricted income Larger population to target Relatively low capital investment Convergent Billing

  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

  5G is upon us and if the experts are to be believed, things are going to change fast. High-speed 5G connections are expected to be a revelation and 5G network slicing with QoS brings in a whole lot of options for the users. But when it comes to monetization, 5G requires its very own convergent charging approach. Staying Ahead of the 5G Game Telcos are looking at 5G as a great opportunity to win back the lost customers. I can be done by supplying them high-quality service, but more importantly at the right price. 5G monetization is an extremely tough challenge. Top companies have their own in-house departments coming up with the best 5G convergent charging platforms. So, it is vital that smaller players and the MVNOs also look to procure the best platforms. Below are some changes that are needed to be made in the current 5G service delivery and monetization for staying competitive and in sync with the future requirements: ·          Offline and online billing addressed via

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/