Thursday, 21 November 2019

Digital Global Pass: how is it changing the fintech industry?


The financial industry is being transformed by SMS+ and Internet+, two services offered by Digital Global Pass. These are innovative solutions that are based on the direct operator billing system. This is an alternative settlement infrastructure. What does this mean? It is completely different from traditional facilities linked to banking institutions. Instead, it works with telecommunication companies and fintech firms. As such, even those who do not have a bank account are able to pay online without difficulty. They just need a PC, smartphone or tablet which is connected to the internet and to have a mobile account. The charge will be added to their phone bill.


A bank account is no longer needed to pay online

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