Using
innovative technologies to offer consumers the best solutions on the market:
this is exactly what Digital Global Pass has done. It has leveraged the
latest tech available to make sure that those paying online are able to do so
in the easiest, safest and quickest ways possible.
Indeed,
when designing SMS+ and Internet+, it has utilised the direct operator billing
system. This is a new technology that was created following the collaborations
of telecommunication companies, fintech firms and content developers. Together,
these firms have worked on a financial solution that allows unbanked and
underbanked customers to pay online. It is totally different from banking services.
How so? Well, when the direct operator billing system is involved, you do not
need a debit card or a credit card to complete a settlement. In fact, no
banking details are required. This means that unbanked and underbanked
customers can pay online without worrying; something that was not
possible years back.
So how are
payments processed? When you use SMS+ or Internet+ to purchase an item, your network
service provider will utilise the information in its possession to validate
the transaction. After authentication procedures are completed, it will add the
charges to your mobile account and record them on your phone bill.
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