Tuesday, 10 December 2019

Direct operator billing works via telecommunication companies


While traditionally, all e-payment services were linked to banking institutions, that is no longer the case. Today, the emergence of direct operator billing has changed the way the fintech industry functions. This is because banks, while still an essential part of the sector, they are not indispensable. Consumers can benefit from innovative payment solutions. Thanks to these, unbanked and underbanked clients can purchase items on the Internet without difficulty. The direct operator billing infrastructure is based on collaborations with telecommunication companies and content developers. When you buy a product, its price is added to your phone bill at the end of month.


Prices are added to your phone bill 

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