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Category: Convergent Charging

Take Advantage of 5G Monetization Opportunities With Convergent Charging Solutions

Look no further if your business needs a reliable online charging system to implement prepaid billing services. An innovative and dependable Online Charging System (OCS) has been created by Caretel. In the telecom billing community, OCS is also known as Real Time charging system or Prepaid Billing System. Prepaid mobile plans often permit SIM card usage for both telephony and mobile data. Prepaid services require the client to pay a sum equal to the given plan in advance of using the services. The service won’t work until a prepaid payment (or top-up) has been made. To establish and provide prepaid services, the OCS system is a must.

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Make Most of 5G Network Slicing in Healthcare with Convergent Charging System

5G network slicing is potentially the greatest innovation in the telecom industry. It provides unforeseen opportunities and can be the instigator of new business models. Connectivity is a vital asset for every business use case that is powered by technology. 5G network slicing allows for the creation of several logical networks over a single physical network. Each logical network can have its own unique characteristics such as speed, latency, security etc. The QoS-based network slicing provides unprecedented power to companies, especially those that are ready to be creative and use separate networks for supporting their different requirements. From a telecom operator’s point of view, this new technology presents a tough but rewarding challenge. Although a convergent charging system can definitely make things simpler.

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Access Defining Benefits of Convergent Charging to Revamp Telecom Billing

Telecom billing has a very important role to play in driving the success of modern-day telecom operators. Due to Covid-19, businesses are experiencing stagnation. So, if you want to stay competitive and increase your customer base, it is the right time to improve your service model. With a convergent charging platform, it is easier to digitalize services and monetize assets. Especially if you can find a proven platform that is secure, flexible and completely scalable.

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Why MVNOs Need Convergent Charging More Than Ever After Covid-19 Outbreak?

Covid-19 pandemic outbreak has impacted the fate of many businesses in 2020. However, telecom industry has stood strong in these times, and has allowed people to stay in touch via technology. It does deserve special credit for mitigating the impact by allowing companies to operate via work-from-home model. Despite all the work, telecom industry is still experiencing a trend of reduced revenues, which can be attributed to the excess use of OTT platforms like Skype, Whatsapp, and more recently ‘Zoom’ calling. To counter these OTT platforms, there is an exigent need for convergent charging and more flexible monetization solutions.

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Transform into an End-to-End Service Provider with Convergent Charging

In 2021, the telecom industry has high hopes from 5G. The amount of options that 5G presents is endless. Never before, there has been a technology as versatile as 5G. Network slicing allows a single 5G connection to be used for multiple QoS-based networks. Also, the connectivity via 5G has the highest speed and immense potential. But the potential of 5G and other emerging technologies can only be harnessed if you monetize the services via a reliable convergent charging platform. 

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Common Problems Convergent Charging Solves

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.

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