Carrier billing is a payment
solution allowing the processing of small financial transactions via
customers’ phone
bill. This post will look at the advantages of this settlement
infrastructure for content providers. Those adopting this remittance model are able to access a wide variety of consumers. Its
strength is that it can target unbanked or underbanked individuals. As
such, even those who do not have a credit card or a bank account will have the
chance to purchase products online. Not only does this promote financial
inclusion, but it also creates more opportunities for sales.
Phone
bill payments can be processed by unbanked customers
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