DCB
Advantages
Wide coverage
Anyone with a mobile phone can make a payment through DCB
Access to markets
DCB enables payments in regions where the banking system is poorly developed
Increased sales
The ease and speed of completing a transaction increases conversion rates
Security
The consumer does not disclose any confidential information about themselves
Wide coverage
Anyone with a mobile phone can make a payment through DCB
Access to markets
DCB enables payments in regions where the banking system is poorly developed
Increased sales
The ease and speed of completing a transaction increases conversion rates
Security
The consumer does not disclose any confidential information about themselves
A significant portion of the world's population still does not have access to traditional banking services and basic financial technologies such as credit and debit cards. Meanwhile, smartphone penetration has already exceeded 80%. However, even in markets where the banking infrastructure is well developed, DCB is widely popular and has a number of advantages: the simplicity of the ordering process increases conversion rates, and the lack of need to share confidential information enhances user security
DCB has a number of benefits for consumers:
• No need for a bank card to conduct transactions• Payment is available not only for smartphones and ordinary mobile devices but also for any other gadgets
• Consumers don't need to worry about sharing confidential data, as payment is made only by phone number
• Depending on the purpose of the payment, funds can be deducted either by prepayment or by recurring payments (subscription-based)
DCB provides the following advantages for goods and services providers:
• Suppliers gain access to both developed and poorly developed markets for banking services• Anyone with a mobile phone can make purchases
• The simplicity of payment leads to lower rejection rates and higher conversion rates
Флоу оплаты
Step 1
The consumer decides to pay for a product or service on a trading platform
Step 2
Among different options, they choose 'Pay from mobile account'
Step 3
Among different options, they choose 'Pay from mobile account'
Step 4
They receive a message with a PIN code to confirm the transaction
Step 5
They choose the type of payment: one-time payment or subscription payment (recurring payment)
Step 6
The amount is debited from their mobile account with notification of the transaction
Step 1
The consumer decides to pay for a product or service on a trading platform
Step 2
Among different options, they choose 'Pay from mobile account'
Step 3
They enter their phone number
Step 4
They receive a message with a PIN code to confirm the transaction
Step 5
They choose the type of payment: one-time payment or subscription payment (recurring payment)
Step 6
The amount is debited from their mobile account with notification of the transaction
Step 1
The consumer decides to pay for a product or service on a trading platform
Step 2
Among different options, they choose 'Pay from mobile account'
Step 3
They send an SMS to a short code with static/dynamic text from the instructions on the website
Step 4
They receive an SMS confirmation (AoC - Handshake) with the cost
Step 5
They confirm the purchase with a reply SMS message, and the payment is charged from their mobile account
Step 6
The amount is debited from their mobile account with notification of the transaction (SMS)
Step 1
The consumer decides to pay for a product or service on a trading platform
Step 2
Among different options, they choose 'Pay from mobile account'
Step 3
They send an SMS to a short code with static/dynamic text from the instructions on the website
Step 4
They receive an SMS confirmation (AoC - Handshake) with the cost
Step 5
They confirm the purchase with a reply SMS message, and the payment is charged from their mobile account
Step 6
The amount is debited from their mobile account with notification of the transaction (SMS)
Examples of flow in real life
Mobile Payments for Application store
Task Development and implementation of mobile online payments in the Kazakhstan market for one of the world's largest telecommunications corporations using Direct Carrier Billing (DCB) technology Result Residents of Kazakhstan now have the ability to pay for all their purchases in the Application store not only with a bank card but also from their mobile account of the largest mobile operators in the country. One of the main advantages of this payment method (DCB) is its anonymity - there is no need to share your bank details with the application. The client increased the coverage of their service to 70% of Kazakhstan subscribers, with the technical possibility of expanding to 100%
Mobile commerce for the e-book service LitRes
Task Integration of a co-branding project for the e-book service LitRes and the mobile operator Tele2 - implementation of subscription payment and billing configuration using the subscriber's mobile account (DCB) Result Tele2 subscribers gained access to the LitRes library, which includes more than 250,000 books and 50,000 audiobooks, with the option to register via SMS and pay for a subscription using their mobile account. Through technical support from PayGate, the companies LitRes and Tele2 mutually expanded their customer base and improved their service level by implementing DCB technology
Mobile commerce for National Lottery
Task Development and implementation of a project to introduce a mobile payment tool DCB (Direct carrier billing) for the National Lottery of Kazakhstan Result Subscribers of all mobile operators in Kazakhstan were able to buy lottery tickets and receive winnings using their mobile account. With the expertise of PayGate, the National Lottery added DCB technology to its payment methods, which ultimately led to the popularity of this payment method on par with bank cards
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