The direct operator
billing technology has been used by Digital Global Pass when building its
payments services. This is an innovative system that demarcates SMS+ and
Internet+ from conventional facilities.
How are the settlement solutions different? What about
direct operator billing makes them so particular? This technology is a result
of collaborations between network service
providers, fintech firms and content developers. As such, unlike
traditional methods, banks are not involved at all. This means that even
unbanked and underbanked customers are able to pay online easily. Years back,
this was not possible. A credit or debit card was mandatory to process
settlements. Now, that is not the case!
As such, the direct operator billing system has enabled the
creation of phone bill payment services such as SMS+ and Internet+. You
need a mobile account and device that is connected to the Internet to complete
a financial transaction. You either have to send text messages or to click
‘confirm’ on your network service provider’s website to validate the
settlement. When you purchase an item, its price will be added to your phone
bill at the end of the month. This acts as a receipt allowing you to oversee
your expenses and regulate them.
Direct operator billing is innovative
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