Things to Know about 5G Network’s Converged Charging System

5G wireless technology aims at delivering higher multi-GBps peak data speeds to both consumers and businesses. And it doesn’t stop there since this newest network allows for ultra low-latency, more reliability, massive network capacity and increased availability. This is quite fascinating since higher performance and improved efficiency empowers new user experiences and connects new industries.

If you are looking forward to making the shift to 5G network, it is highly recommended that you find out more about the charging it offers and how to get there. After all, the 3GPP has already made changes to the fundamental charging system standards of the 5G wireless technology. One notable change that continues to draw attention is the Converged Charging System (CCS).

This change is as a result of the convergence of online and offline charging models within 5G CCS. It is easy to wonder why this change of convergence is essential to consumers and enterprises alike. Well, Converged Charging System has more to offer than you might probably be thinking.

What makes this change way more important is that it can now handle postpaid and prepaid charging models using the same platform. Traditionally, most Converged Charging Systems deployed different charging solutions to address offline (postpaid) and online (prepaid) segments. This action only ended up complicating things for consumers and businesses.

With the Converged Charging System, there is nothing to worry about. After all, this convergence change has simplified the complex charging ecosystems that most CSPs have amassed. This explains why it is viewed at as a welcome change made by the 3GPP to the fundamental charging system standards.

Remember, this is not the only change made by the 3GPP. Other notable changes touch on the Service-Based Architecture (SBA), CDR Generation Responsibility and charging for Network Slices, Network Access, and API Calls. To avoid being left behind, it is in your best interest that you find out more on how these changes impact 5G charging. That way, you can prepare yourself for anything that lies ahead while at the same time reducing the chances of making wrong choices.