Carrier billing: why is it growing?

 

There are several reasons determining the growth of carrier billing. According to Juniper Research, the ever-growing availability and convenience of this phone bill payment system are the two most important factors behind its success. Indeed, it allows consumers to process microtransactions in a relatively simpler and quicker way. Thus, it is just normal for it to be the payment method of choice when it comes to paying for content subscriptions or impulse purchases. As such, it is expected to increase to $8.6 billion by 2024 in just the US.

Photo credit: jmexclusives from Pixabay

Carrier billing implies simplicity and rapidity 


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