Telegram Introduces Cost-Effective Phone Number Verification Service

According to Foresight News, Telegram founder Pavel Durov has announced the launch of Telegram Gateway, a phone number verification service. This new service allows businesses to send verification codes directly to users via Telegram, potentially saving millions of dollars. Each verification code will cost only $0.01. Durov highlighted that phone number verification is a multi-billion dollar industry. He revealed that Telegram alone spends approximately $10 million monthly to verify all users registering and logging into their service. Despite the unprecedentedly low price of Telegram Gateway, Durov expressed uncertainty about its potential as a significant revenue source for Telegram. However, he hopes that this initiative will enhance global efficiency and reduce the costs and prices of many services worldwide.