Carrier billing will grow exponentially by 2023

 

You must have heard of the carrier billing system. This payment system has become quite popular since it involves mobile operators processing transactions. This means that more people are able to pay online. According to a study, these upcoming years will also see an increase in transactional revenue from carrier billing. In 2018, this figure was $46 billion. Predictions advance that it will rise to $79 billion in 2023. By the same year, the amount of digital content bought via the payment system will nearly double. This was revealed by Ovum, a consultancy firm.

More digital content will be used by carrier billing © Royalty-free image


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