• Real Time Charging

    HELPING COMPANIES DIGITALIZE AND MONETIZE PRODUCTS AND ASSETS

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    Real Time Charging

    A big part of any business is keeping up with the trends and advancements that are continually changing the way business is done. In the telecommunications realm, these changes are a constant, never-ending process. Keeping up with new demands is vital to maintaining current customers and enticing new ones. Real-time charging is one of these advancements that need to be implemented in a growing business. Here’s a look at how staying relevant in real-time charging impacts business and what you can do to keep up with these changes.

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    Convergent Charging

    With the advancement of technology, the telecom industry is going through quick transitions. The workflow and requirements keep on changing according to customer and business trends. Any laxity in tending to the ongoing trends can be detrimental to a business operation, and in some cases even lead to the complete breakdown of a telecom operation. Hence, it is essential to incorporate vital functionalities into one’s telecom billing software to avoid failure at all cost.

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    Convergent Billing

    With telcos facing the heat of competition, we are seeing a marked change in their way of working. Their focus has shifted from just building up their network capabilities to enhancing the experience of customers and they are doing their level best to keep them engaged with new and innovative offerings. Given the current circumstances, a cutting-edge OCS has become par for the course.

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    An OCS (Online Charging System) has become an integral part of telecom billing as it allows for both event based and session based charging in real time. It calculates charges for a particular call on the basis of CDRs (Call Data Record) and updates the result on the billing system. This telecom charging system is capable of handling account balance of subscribers, ensuring credit limits and authorizing resources on the basis of transactions.

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