FTS is seeing growing interest from the Russian telecoms market in its telecoms billing, charging, policy control and payments solutions. In particular, growth areas such as MVNO/MVNE, M2M billing and payments sectors are showing particular interest as the complexity of the value chains and revenue sharing models require advanced technology from the likes of FTS.
Russian service providers are increasingly seeking solutions that increase revenues while delivering an enhanced customer experience and FTS is ideally placed to be a key technology partner.
FTS, a global provider of billing, charging, policy control and payment solutions, today announced that it has seen an interest in its solutions growing steadily in the Russian market over recent months. Particular interest has been seen within the MVNO/MVNE, Machine-to-Machine billing and payments sectors, which represent significant opportunities. Russian service providers are increasingly seeking BSS solutions that increase revenues while delivering an enhanced customer experience.
These sectors, which are often characterized by complex value chains requiring multi-level revenue sharing and partner support, are now turning to FTS to be a key technology partner to help improve efficiency and profitability. This is achieved by the employment of innovative billing solutions that are easily adapted to a service provider’s unique requirements and growth needs.
FTS’ convergent billing software provides MVNOs and MVNEs with a powerful billing solution that permits them to independently furnish innovative branded telecom services through pre-configured real-time promotions, pricing plans, loyalty programs, etc.
FTS’ M2M billing and policy control solutions can handle a complex range of business formations – telematics, smart grid and other utilities, entertainment, industrial and other areas within the Internet of Things, supporting revenue sharing between numerous parties in multi-partner environments.
FTS’ mobile money solution leverages FTS’ proven experience in the telecom billing industry to support the unique aspects of mobile money interactions. FTS’ mobile money solution supports any payment or banking process over the mobile network in real time, at any time. It offers a simple and effective user experience in which a customer is able to conclude a purchase, make payments, or transfer funds through a mobile device with a few simple steps.
FTS’ smart payments enabling solution automates the rating, billing and settlement functionality of payment systems, and provides payment service providers (PSPs), online merchants and merchant acquirers with the tools to focus on the e-commerce and m-commerce arena. FTS’ payment solutions enable sophisticated commissioning and revenue sharing models that empower companies to provide individualized payment solutions for a potentially unlimited number of partners in an environment of complex value chains.
“Based on a configurable billing and settlement engine, FTS’ billing solutions – providing multi-dimensional convergence – are ideal for Russian operators interested in expanding into the MVNO and machine-to-machine markets, as well as the realms of ecommerce such as mobile payments, online merchants and digital acquiring,” said Nir Asulin, FTS’ CEO. “Leap™ Billing has proved itself to be a versatile platform that is very suitable for a broad range of pricing and business models within and beyond the telecom sector. Furthermore, FTS provides a complete set of tools empowering service providers to independently manage their operations, with minimal vendor dependency, thereby substantially reducing costs and enhancing time to market.”
As a certified software vendor for the Russian market, FTS has the experience in integrating its applications with local vendors. This includes, for example, integration with network elements and other IT systems. FTS’ solutions are delivered via the cloud or on-premises models and run on a broad range of hardware and on Linux to keep costs to a minimum.