Systems, such
as direct operator billing, have emerged to cater to a lack in
the financial industry and this was made possible because of mobile
operators. Becoming increasingly popular, this is a form of payment method
that allows people to pay for digital contents. Its particularity is
that it even helps unbanked and underbanked customers since a bank
account is not needed to complete a microtransaction. Telecommunication companies, which are vital for this
solution to work, are the ones validating and completing payments.
Photo
credit: iamwahid from Pixabay
Direct
operator billing works via mobile operators
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