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Postpaid services are those services that are paid for after the billing cycle is complete. There is no allotted quota. The service usage is charged and rated, and the final bill is sent after adding up all billable charges.
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Evolution of Postpaid vs. Prepaid Telecom Billing Services https://www.ossbilling.net
Telecom service delivery is primarily divided into two categories: • Prepaid • Postpaid
Prepaid • Prepaid services are those services that are paid for in advance. Subscribers buy quota for voice, data etc. in the beginning and the charges are deducted as the service is utilized by the subscribers.
Postpaid • Postpaid services are those services that are paid for after the billing cycle is complete. There is no allotted quota. The service usage is charged and rated, and the final bill is sent after adding up all billable charges.
Comparison of Evolution • In the past, Prepaid services were calculated by Intelligence Network (IN) and postpaid services via Offline Charging System (OFCS). It was a separate system that was specifically put in place for calculating prepaid charges. Now, we have an Online Charging System (OCS) that is capable of billing both prepaid and postpaid services.
The Need for OCS • OCS makes billing of every service in real-time possible. It enforces credit limits accurately and allows for the creation of a single invoice that reflects all service charges. As we are on the cusp of future innovations in the form of IoT and 5G, a specialized OCS and B/OSS platform has become a vital requirement for telcos. OSS Billing.net is one of the best platforms for fulfilling these requirements.
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