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Telecom billing requirements go hand-in-hand with the emergence of new technologies in the telecom industry. Depending on the complexity of the technology, the complexity of the billing system also rises. This is why; most telcos feel the need to overhaul or amend their current telecom billing software solution whenever a new technology is launched. New techs like OTT and IoT have befuddled telcos with their sheer magnitude and resource requirements. To track and monetize these services, the traditional telecom billing and payment software solutions are found to be useless. The need for modern cloud-based solutions is becoming more pressing than ever before.
The Importance of a Quality Telecom Billing Service Provider As most telcos are too busy in performing their core competencies, they have to rely on a telecom billing service provider for their billing tasks. Therefore, the selection of a billing provider should be done with great care. Considering the current state of affairs in the telecom industry, APIs have become extremely important. A good API can help you perform a complex task in an instant without resorting to drastic steps. For example, if you do not have a particular payment gateway partnership e.g. PayPal is not on your list but your customers are insisting on using it, you can add it through an API without changing or purchasing a new telecom billing and payment software solution. But for this to happen, you need a capable telecom billing service provider. Key Functions of Telecom Billing and Payment Software Apart from APIs, there are many other operations a billing solution has to perform for it to be effective. 4 vitally important functions of a telecom billing system are listed below:
Source : http://secureiotservices.over-blog.com/2019/11/telecom-billing.html
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Secure IoT ServicesWe, at SecureIoTServices, excel at providing fully-equipped IoT solutions for connecting carriers to their subscribers. We ensure security of telecom services users by assigning a unique public IP for every IoT connection. We work in your best interests by employing robust data encryption to safeguard the IoT data, which is transferred over a wireless connection. Our speedy IoT data connectivity is always consistent and helps in enhancing the functionality of the devices that are connected via the IoT network. Archives
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