Future perspective of Mobile recharge business

It was two decades ago, when there used to be a single phone connection available in a home or a family in India. The entire family used to share the same land-line connection. Then came the era of mobile phones. Initially it was not possible for everyone to afford a mobile phone. The reason being the high cost of mobile handsets and higher call rates. 

However, in last decade, not only our country, but the entire world has seen a huge revolutionary change in the telecommunication industry. These days, in India, almost every adult has at least one mobile handset. The technology has been made easily available and that too in much affordable price by some giant mobile phone companies. Also not only the mobile manufacturing companies, but also the mobile operators have played a great role in making the mobile phones really popular. 

Mobile operators are service providers that offer services like SIM cards, voice calls, internet, etc. Some of the mobile operators such as Airtel, Vodafone, Jio and many others have gained a great success in increasing the customer pool for themselves and in turn resulting in large number of mobile users. These days call rates and internet usage charges are so very less that everyone can now afford a smart-phone and use all other facilities using mobile internet.

This has really brought a digital revolution in our country. These days people are able to do all their  tasks using their smart-phones. This has led to widespread use of mobile phones and has given rise to a new business domain that mobile recharge business. Since most of the recharges or transactions are now being done online, therefore people have now started providing online recharge services for all the smart-phone users.

Now since there is a large number of customers that avail this online mobile recharge services, it is possible to manage  the entire business manually. This gave rise to development of online mobile recharge software. There are both B2C and B2B recharge software available in market. These software are now well equipped to offer almost all recharge services. You can integrate various APIs such as Mobile Recharge API, Money transfer API, etc. to your application and make it a Multi Recharge App. These days such all in one recharge software are very much in demand.

There are various software companies that develop highly reliable and secure all Recharge software, money transfer software and various other tools required for this business.

Read More»

Significant Differences between B2B and B2C mobile Recharge Software

Online mobile recharge business is thriving at a much faster pace than at any time in past decade, and, you should know why it is so. It is due to a revolutionary increase in mobile phone users and advent of online mobile recharge software and apps. You should be aware that there are two kinds of mobile recharge software: B2B and B2C online mobile recharge software. They are clearly different from each other as they are intended to be utilized for different purposes. Subsequently, there is a considerable difference between them as far as their highlights and uses are concerned.

In the event that you are new to this online recharge business, or you are somebody, who is hoping to begin another one; you have to know the highlights of these two kinds of mobile recharge software. When, you know the low down of it, it becomes easier to deal with it.

Top features of B2C mobile recharge software

●        Recharge answer for web clients:

It is a web browser like solution for web clients, and all recharge is done on the web. This causes clients from visiting any retailer's shop, rather, they can profit this very arrangement for doing all sort of recharge functions. Obviously, this is easy and simple to use too.

●        Generation of coupon or code in administrator board:

A specific sort of coupon and code is produced in administrator board for recharge purposes. This makes this very framework of the b2c mobile recharge website both protected and quick to work with.

●        Enabled wallet framework:

A framework is empowered in online B2C recharge software by which clients can likewise utilize it as an online wallet to pay all sort of online bill, whether it is for web based shopping, or any other store starting with one record then onto the next.

Top features of B2B mobile recharge software

●        Integration of merchant and retailer both on the web and disconnected:

B2B recharge portal or software is such an application, where you can include numerous merchants and retailers both on the web and still disconnected from each other. This highly effective architecture puts a lot of freedom to clients, as they can have conspicuous listing of several merchants and  retailers.

●        Transaction for recharges made through SMS or site:

Truly, recharges are made through SMS and site in B2B recharge website. It makes this very framework safe, bother free, and clearly simple to work with.

●        Integration of different Programming interface framework:

Clearly, unique customers have distinctive necessities; since not every one of them utilizes a similar system. Henceforth, these B2B recharge software , come with highly customizable user interface. Other than that, they are equally efficient in coordinating with various other web interfaces in order to make the process much simpler and quicker.

Read More»

Role of Mobile Recharge software in society to go for cashless transactions

Who carries cash these days anyway? Post the demonetisation stint, the country has moved on to become a cashless society. This change has only made it better and comfortable. However, when it comes to mobile recharges, it is nothing but another buzz word taking the world by storm.

Cashless transactions dominate the market and the ease with which they have replaced all cash based systems is remarkable. It is comfortable, hassles free and also secure when it comes to carrying money or transacting them. All you need to do is carry a smartphone and scan a QR code. If that’s not the case, you can login to an online portal and sign up to pay with your bank details with an OTP that can be read automatically. How convenient is that?

Do you remember the days when you had to go to the retailer shop and ask for a recharge card and soil your hand just scratching out the code and so on and so forth? We moved over that and there were these wonderful online recharge portals that allowed you to take care of the whole thing just by inserting your mobile number into a text box and inserting a few information here and there. B2C mobile recharge became the new norm and before you knew it, there was a swarm of these B2C recharge software coming in to the podium as competitors and entering a break neck competition. 

B2Bmobile recharge software solutions are often offered to large businesses who want to offer such services to their customers. B2C is when you are directly interacting with the customers. B2B is when you interact with businesses which  in turn interacts with customers. Eventually, various software companies provide a robust framework to the business such that it has a portal, an interface, a wallet, a gateway and a secured platform. The aim is to provide a one stop solution for the requirements of mobile recharge business and enable the business owners to run their business effectively and efficiently. It is not only the mobile recharges that they are dealing with anyway, it is so much more than that. This allows them to have a cashless facility and even offer cashback solutions to their clients. 

With multiple offers being rolled out by B2B and B2C solutions, doesn’t it makes it easier to retain customers in the first place? After all, when you have got it available online, then why would you want to go to a retail shop after withdrawing cash, standing for hours in the ATM queue? These B2B and B2C mobile recharge software or portals have really changed the entire scenario of mobile recharge market. These days, it is all done online and the entire system is cashless. Thanks to the revolutionary advancement in technology that enables these software to support almost all types of online payment methods. Convenience over hassles is what it has become and is bound to sustain in the busy and hectic world.

Read More»