Convergent Billing is a critical requirement of telcos. The major players in the telecom market including MVNO and MNO are better served with a convergent billing system. Not so long ago, prepaid, postpaid, broadband, VAS etc. were billed separately. It used to create huge challenges in plan conceptualization.

Packaging one service with another was a tough task, and required major alterations in the billing system.

Convergent Billing Simplifies the Challenge

A real-time Online Charging System (OCS) forms the foundation of a strong modern-day telecom operation. Whether you are an Mvno or MVNE, it is critical to have an OCS because:

·       A 3GPP compliant OCS prevents revenue leakage

·       Enforces credit limits accurately and stops subscribers from unintentionally exceeding their credit limit

·       Leads to the creation of fully itemized and bifurcated invoices that reflect every service charge at a single place

·       Manages the complete account balance of customers, and deducts the service usage from the allotted quota in prepaid services

·       Rate and charges every transaction in real-time, and provides MNO and MVNO a clear idea of current situation

A well-crafted OCS solution, like the one provided by Telgoo5 can be a great asset for your organization. It helps telcos gain the greatest advantage over their competitors.