SMS technology in finance sector ensures competitive advantage as it highly increases customer satisfaction. Implementing mobile messaging in this sector means that you can notify your customers with SMS text messages about their financial transactions. This functionality can be used in several cases and it can be achieved most practically if the databases of your institution is connected to an SMS gateway software. This solution then makes it possible to send text messages to multiple recipients at the same time and allows real time notifications.

1. 7 Tips For A Successful First Week On The JobBulk SMS Services for Banking And Insurance

2. SMS technology in finance sector ensures competitive advantage as it
highly increases customer satisfaction. Implementing mobile
messaging in this sector means that you can notify your customers
with SMS text messages about their financial transactions. This
functionality can be used in several cases and it can be achieved most
practically if the databases of your institution is connected to an SMS
gateway software. This solution then makes it possible to send text
messages to multiple recipients at the same time and allows real time
notifications.

3. Though mobile messaging is an excellent solution not only for customers but
for your organization as well! It offers great advantages to be competitive and
flexible that a modern financial institution has to be. It will not only ensure
additional income but make further services possible such as SMS campaigns,
SMS alerts and notifications and other marketing solutions. Furthermore, this
solution is the best practice to reduce operating costs. Large extended call
centers and help desks are not needed anymore as you can solve the issues by
sending SMS messages to multiple recipients. In this way you can minimize
human error and can reduce the workload of your staff.

4. Use of Bulk SMS
•Reminders
•Authentication and access control
•Alerts on new or changed conditions
•Statement reminders
•Alert on premium renewal
•Policy expiry notice
•Follow up message after agreements
•Thank you message
•Documentation request
•Loan application approved/declined

5. • Loan application approved/declined
• Balance enquiries
• Fraud and transaction alerts
• Funds transfers
• Bill payments
• Customer service (SMS instead of callings)
• ATM cash alerts
• Stock Prices Updates
• Offer short term loans or insurance, etc.

6. Benefits of Bulk SMS
•Time and cost efficient
•Allows instant and real-time messaging
•Improves communication within customers
•Helps improve relations with applicants
•Keeps in contact continuously
•SMS messaging is not intrusive

7. MESSAGING
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