Wednesday, 11 September 2019

Phone bill payment: how are transactions completed?


The current trend in the financial industry right now is the phone bill payment service. This infrastructure is based on the direct operator billing technology. What is this? It is a result of collaboration between network service providers, fintech firms and content developers. As such, when you purchase an item, its price is added to your invoice at the end of the month. If you opt for SMS+, the transaction will be completed through text messages and a security code. Alternatively, selecting Internet+ will redirect you to head to your network service provider’s website where you have to go via authentication procedures to complete the process.


Process payments via your phone bill

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