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On October 16, Telegram CEO Pavel Durov announced on his personal channel that Telegram has launched the world's cheapest customer mobile phone number verification service - each verification code costs only $0.01. Durov said that companies can save millions of dollars by sending verification codes directly to users through Telegram. Compared with traditional SMS verification, Telegram Gateway is cheaper, faster and safer. He revealed that phone number verification is a multi-billion dollar industry, and Telegram alone spends about $10 million per month on user authentication. The service does not charge for numbers without Telegram accounts, and the price is unprecedentedly low, aiming to help companies reduce verification costs and improve global efficiency.