With the introduction of new services, the financial industry has been transformed. For instance, SMS+ and
Internet+ are based on direct operator billing, an unconventional payment
infrastructure. This system 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. Charges are added to phone bills at the end of
the month. This means that SMS+ and Internet+ promote financial inclusion.
Payments can be processed via innovative services
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