Ever
wondered how a mobile phone can become a hotly contested space all
around the world in terms of purchasing the goods and services. Yes
that can be true by using the direct carrier billing solutions as a
payment method in the online space. Direct Carrier Billing (DCB) also
known as Direct Operator Billing
allows billing directly available on your mobile phone. Purchases
that are made using direct carrier billing are listed directly to a
users mobile billing account by the operator. Direct billing is a
true ‘One-Click’ purchase process different from traditional
Premium or WAP Billing, SMS billing methods. Direct carrier billing
is the perfect area for small-payments and payments that originate
from the ease of use. For a moment think of car parking. If you could
pay for your car parking on the street with your phone, how
convenient that would be to you? JunglePay's direct billing solution
provides simplified payment flow thus making it faster and easier for
consumers to make purchases from their mobile phones without
compromising on security.
The
payments from the users for the mobile content can be directly taken
through their handsets. JunglePay's clients can easily initiate the
payment process by simply clicking the button embedded in the
application without any unnecessary re-directs, hence providing the
customer's with a wonderful shopping and payment experience. Direct
mobile billing works without any previous registration, and it does
not require any other sources of funding such as credit cards or bank
accounts. Direct billing adoption will increase many-folds in the
coming time all over the world as globally available and recognized
service providers outpace local ones. The storefronts who have
introduced direct carrier billing have experienced a sharp rise in
their transactional volumes to the tune of five to six times higher
than transactions using credit cards while also seeing an increase in
average transaction value. Moreover with direct operator billing,
purchases can be securely charged and included in the customer's bill
thereby reducing frauds and also reducing operator costs.
Over
the last few years, mobile payments have become a hot topic and
e-commerce is more and more becoming m-commerce. Direct mobilebilling is gaining widespread popularity all over the world as
concerns about privacy
and
security
are
being addressed. Today the mobile carrier billing method has evolved
to a different level, introducing better security and transparency
standards and the adoption of newer and more sophisticated
technologies has encouraged many businesses like gaming, dating,
software, anti virus, online multimedia, classified industry adopt
mobile carrier billing as an effective payment option. Direct carrier
billing can be used as a simple and highly effective mechanism to
reach the consumers where there is no effective banking solution such
as in case of developing nations.
Customization
of the JunglePay widget by the merchant tends to extend the
transaction process with increased consumer engagement, and unique
and awesome user experiences. Creating unique and compelling online
user experiences is probably becoming the most considerate factors
among online merchants.
The
net worth of this sector was estimated to be around $2 billion in
2012. By 2020, the direct billing solutions are expected to increase
the content owners' revenue from US $5 billion to $40 billion. This
prediction can't be ignored considering the other payment options
available in the market. Direct billing encourages market development
and stimulates revenue growth for both mobile operators and the
content owners. No other payment experience allows for a true one
click purchase like JunglePay's direct billing application.

1 comment:
Nice article. Good to see this…
Great suggestions ! I love this blog, but can’t lay there all day everyday :-)
Thank You Very Much for posting this.. :)
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