Table of Contents
What are the functionalities performed by the real time charging of mediation system?
A real-time mediation solution provides operators’ and service providers’ OSS/BSS systems with instant information about subscribers’ current network usage. Real-time information is vital for many business operations such as network planning, traffic engineering, balance management and fraud detection.
What is a billing process?
Billing is defined as the step-by-step process of requesting payment from customers by issuing invoices. An invoice is the commercial document businesses use to request payment and record sales.
What is OCS telecom?
Online charging system (OCS) is a system allowing a communications service provider to charge their customers, in real time, based on service usage.
What is mediation zone?
MediationZone is software that transforms raw usage data into accurate items for billing. Originally built for the telecom industry, MediationZone is today also used by other industries looking to collect and process usage data for billing purposes.
What is convergent billing for MVNOs?
One of the most coveted MVNO technologies pertains to convergent billing, which is implemented by a centralized real-time charging system like Online Charging System (OCS). Convergent charging is an essential requirement of modern-day MVNOs (Mobile Virtual Network Operators).
What is the role of OCS in the telecom industry?
The OCS helps enhance the system by dividing business activities and decreasing technical and trader reliance and decreasing the favor for new services. Mobile Virtual Network Operator (MVNO) is an important part of the telecom domain.
What is ococs and how does it work?
OCS system is permitting an MVNA and a communications service provider to charge their customers, in real time, based on service usage. The OCS helps enhance the system by dividing business activities and decreasing technical and trader reliance and decreasing the favor for new services.
Why is billing and charging important for MNOs?
Billing and charging are two of the most vital functions for MNOs, MVNOs and MVNE. While the bigger companies have vast resources to implement billing and charging system as per their specific requirements, the smaller companies struggle to keep up with them.