Trends
in Telecom Industry
– Rise of Mobile Recharge App
Next revolution is the Telecom boom in the world. As we all know the Telecom and especially Mobile segment is already booming in the 21st century. Now the next some decades are the pavement for this industry whole world is eagerly tuned with this segment. And in country like India this industry is still in the rising period. And has a great demanding trend with the Global flows.
– Rise of Mobile Recharge App
Next revolution is the Telecom boom in the world. As we all know the Telecom and especially Mobile segment is already booming in the 21st century. Now the next some decades are the pavement for this industry whole world is eagerly tuned with this segment. And in country like India this industry is still in the rising period. And has a great demanding trend with the Global flows.
Telecom industry in India
is growing at a great speed and the growth is mostly seen in the wireless or
Post paid & Prepaid mobile segment. TRAI’s latest figure shows Approx. 91
Cr telecom subscribers where mobile subscribers consist of 88 Cr. The most
interesting and exciting part is that the majority of wireless connections are
prepaid subscribers i.e. about to 95%. An ARPU of Rs. 300 per month or Rs. 3600
per year. This gives the recharge industry a size of 3 lakhs Cr per year average.
Hence the Companies dealing with the service like Mobile Recharge, DTH recharge, Data card recharge and etc will likely to grow well in the segment.
Hence the Companies dealing with the service like Mobile Recharge, DTH recharge, Data card recharge and etc will likely to grow well in the segment.
Though the numbers of DTH
subscribers are very few but the segment is growing by 50-60 %. India has the
second highest place in TV viewership in the world, but the installed DTH is
very low as compared to the huge number of viewers and this gives a huge
opportunity to other entrants to tap the market. And the Recharge of DTH in
near future will definitely grow rapidly.
Security of online
transactions has become a main concern for service providers. Managing payment
gateway requires constant monitoring and reconciliation. The system has to be
efficient enough to deal with customers who has done a recharge but has not
received the talk time or the said service.
Companies like ours Nextgen
MB Pvt Ltd with its smart app “PAYNG” a Mobile/DTH/data card
recharge app fills the gap of customer requirements, through faster
recharge via wallet money and refunding in case of recharge failure.
The wallet stays as a
software record on the internet that can be accessed by a username and PIN for
multiple transactions. It is more like online banking but the difference is easy
and additional convenience you get. You can decide on how little money you want
to keep in your e-wallet, which can be accessed either online or via Smartphone
application like PAYNG.
The companies take extra
care to maintain security and safety for the users. If you forget your password
of your E-wallet or App you can only access by your registered numbers. Or via
customer care service.