In terms of market penetration and popularity the prepaid model of telecom subscription has taken over its postpaid counterpart. The recharge, or ‘top-up’ as it is commonly known, involves tediously printing and distributing vouchers.
The payment collection from the agents is another roadblock for telecom operators. There is a dire need for alternative methods to provide airtime to subscribers and also to reduce or eliminate the use of cards.
Thinkways' solution is a secure voucher-less pre-paid mobile recharging system with a host of features like managing dealers and sub-dealers, p2p airtime transfer, managing profiles, generating reports and also includes high levels of security through encryption.
Some of the reasons to use Voucher- less Recharge are:
It minimizes operational expenses
It has an easy to use four step flow for recharge and top-ups
It is easy to quickly launch new recharge and top-up plans
It incurs no costs stocking and distribution, thus charges are reduced
It has increased geographical market reach and greater sales flexibility
It provides MIS reports for dealers, sub-dealers and the operator through a web interface
It allows viewing last transactions on the mobile
It allows the checking of available balance anytime on the mobile