Wednesday, 26 August 2020

Mobile operators can process e-payments

 Thanks to developments in the tech sector, banks are not the only institutions that are able to process financial transactions. Now, mobile operators can do so as well. This is because of phone bill payment solutions.

SMS+ and Internet+ are examples of such solutions. They are based on the direct operator billing infrastructure. What is this? This system emerged when firms like network service providers, fintech start-ups and content developers came together. As such, when you use them, your mobile operator is going to process and authenticate the transaction. It will charge you by adding the price of the acquisition to your phone invoice. Thus, to purchase an item, you just need a mobile account and a device which is connected to the Internet.

These phone bill payment solutions allow you to buy a wide variety of multimedia products. For instance, you can get games, songs or subscriptions to entertaining and informative sites. A complete list of the items can be found on the ‘OUR SERVICES’ section of Digital Global Pass’s website.

These systems are great for unbanked and underbanked customers who previously could not enjoy the same facilities as others since a credit/debit card or a bank account was mandatory when shopping online. Now, that is not the case.


A mobile account is needed to pay online

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