With the very competitive financial sector, Digital Global Pass is able to thrive
because of the fact that it has leveraged the latest tech to design its secure payment
services. Indeed, new technologies offer online shoppers the level of
convenience, ease and rapidity that they look for. Most importantly, they focus
a lot on cybersecurity, which is one of consumers’ main concerns.
What technology did Digital Global Pass use to build its
settlement solutions? The fintech firm has utilised the direct operator billing system. Have you heard about it? It was
created when financial companies saw a niche in the market. Then, they came
together with mobile operators and content developers to work on a new solution
to fill in that gap. What was missing? A payment facility for unbanked and
underbanked customers. Indeed, years back, people had to depend on banking
institutions and to use their credit or debit card to purchase products on the
Web. This was a disadvantage for those who do not have a bank account.
Thus, Digital Global Pass has designed phone bill payment
services. Thanks to these, consumers can use their mobile account to pay
online. They just need a device that is connected to the Internet to do so.
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