In the world of telecoms, when a consumer makes an international phone call or receives a SMS from an app, from banks or from other services, these calls and messages are traded in wholesale between telcos just like commodities or securities.
These international calls are often referred to as “Voice Traffic” whilst such SMS is referred as “Application to Person (A2P) SMS Traffic”.
Telcos aggregate Voice Traffic and A2P SMS using specialist switching and routing equipment known as Switches and Message Centers. Switches and Message Centers are used to interconnect between telcos so that Voice Traffic and A2P SMS can be exchanged between one another.
A telco will use specialist software to manage the business and operation in order to provision, rate, route, bill and monitor the Voice Traffic and A2P SMS being traded with other telcos.
These markets and its trading activities are driven by price and quality, which are managed by the specialist software the telcos have deployed in their networks. Thus creating a dynamic trading environment, where a telco can pay its supplier X and charge its customer Y for either Voice Traffic or A2P SMS. As long as Y is more than X, the telco has made a profit.
The combined Voice and SMS markets represent $160 Billion in global annual revenues for the telecom industry. Due to the technical nature and large revenues of the industry, telcos have often employed large teams of people to manage the technical, sales and finance departments of such trading activities.
CommTrade is All-in-One software with managed Switches and Message Centers, that simplifies the user experience for telcos and industry professionals to provision, rate, route, bill, monitor and GET PAID for their Voice Traffic and A2P SMS.
The days of needing huge teams to manage your Voice or SMS business are in the past. On CommTrade, a single person can trade Voice Traffic and A2P SMS with thousands of other telcos, seamlessly managing technical elements and financial processes, saving time to focus on sales and revenue generating activity.
CommTrade delivers many automations, making the ability to trade Voice Traffic and A2P SMS simple and accessible to any stakeholder in the telecom industry, regardless of discipline, profession or experience.
CommTrade removes the barriers of entry into this marketplace for any entrepreneur ready to monetise their relationships in this industry.
CommTrade goes above and beyond, by delivering the solution with integrated payment accounts in the name of the telco and enforcing “Real-Time Settlement” of Voice Traffic and A2P SMS between telcos.
Telcos can trade with one another in a safe environment, without any risk of exposure from credit default and always being assured of payment, not monthly, weekly or daily, but in “Real-Time” based on the Voice Traffic or A2P SMS received.
So where a telco agrees to pay its supplier X and charge its customer Y for either Voice Traffic or A2P SMS. The telco will receive Y from its customer, and pay its Supplier X using CommTrade, without any risk of not being paid and locking in profits.
CommTrade is the only solution in the market that offers direct telco to telco REAL-TIME Settlement, without any third-party hubbing, in any currency (FIAT or Digital). The complexity of Voice and SMS networks is fully managed, simplified and delivered as a web app accessible from any device with internet access.
Every telco operating their Voice or SMS business on CommTrade is provided with a Switch or Message Centre, each with a Public IP address for SIP interconnects or SMPP Binds.
These are integrated with our software where you can provision interconnects/binds, rates, routing, and QoS based actions with automated rate management, billing, credit control and settlement of traffic exchanged via the integrated payment accounts Opt1mize provide.
Assume you’re selling your route to a customer, however, you’re unable to get credit terms approved nor is the customer willing to prepay. With CommTrade, as long as your customer has money in their payment account, you will be paid in REAL-TIME, into your own payment account based on the traffic the customer is sending you. When the customer runs out of money, the traffic to you is blocked.
Now put yourself in the shoes of the customer. You find a supplier, with a route and rate you like. The supplier won’t provide credit terms, and you’re unwilling to prepay. With CommTrade, you deposit funds into your own payment account, and your supplier is paid in REAL-TIME based on the traffic you send them. When your money runs out, the traffic to your supplier is blocked. You can, of course, deposit more funds to run more traffic.
The biggest risk to the success of your business is the ability of your customers to pay, but pay in a consistent fashion so that you can maintain your supplier relationships.
Sell your route to any telco using CommTrade within the Medii8 eco-system, as long as they have money in their Medii8 account, you are guaranteed to get paid the rate you offered. But paid in REAL-TIME.
Don’t take risks by offering what you deem are small credit limits of $3k, sometimes even $5k to chase new business. A single bad debt of $3k, $5k or larger erodes your profits and working capital. Multiple bad debts can be catastrophic.
The same rule applies when chasing new routes from new vendors. Don’t be fooled by the low rates offered for prepayment. Bad debts can occur from prepayments that are not fully recovered.
Through a simple interface you can trade Voice and SMS with existing relationships on your agreed terms whilst introducing new customers and new suppliers with REAL-TIME settlement.
Very simply, by interconnecting (voice) or binding (SMS) your existing infrastructure to CommTrade.
If you’re selling routes via CommTrade, collect the traffic in CommTrade and payments in Medii8, and send the traffic to your existing infrastructure and money back to your current bank account. Simply provision your interconnect or binds accordingly to allow this.
Alternatively, if you’re buying routes from another CommTrade user, send traffic from your existing infrastructure to CommTrade. As long as you have funds in your Medii8 account, your traffic will flow to your vendors in the Medii8 eco-system.
Yes, your money is completely safe!
Your money sits in your self custodial wallet to which we have no access whatsoever. In crypto the saying is “not your keys, not your coins” relating to you only really having ownership of your money if you own the private key to your wallet. On CommTrade it's YOUR KEYS and therefore YOUR COINS!
So no matter what happens to CommTrade, the money in your wallet will always belong to your company.